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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+4.69%
swing±13.66%
LONG Gate.io · now
+0.00%
3d avg:−0.12%
SHORT OKX · nowSKHYNIX-USDT-SWAP
+0.00%
3d avg:+4.57%
Entry Spread Now
−0.007%
Against youL ask 1,336.8 · S bid 1,336.7−$0.75 at entry
24h range −0.33%…+0.22% · median +0.03%
Long pays every4hShort pays every8h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$29.15
−0.29%
$Avg Daily PnL
+$1.27
+0.0127%
★Best Day
+$3.75
Sep 25
◎Open Interest
⚡Funding APR
+4.62%
annualized · funding only
⚠Execution Cost
−$32.95
entry + exit fees
⏱Payback
26.0d
to break even
◧24h Volume
Loading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (−$32.95 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.