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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~12d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+10.96%
3d Period Avg+54.76%
swing±88.96%
LONG Gate.io · now
+0.00%
3d avg:+4.05%
SHORT Hotcoin · now
+10.96%
3d avg:+58.81%
Entry Spread Now
−0.180%
Against youL ask 1,408.54 · S bid 1,406−$18.03 at entry
24h range −0.44%…+0.96% · median −0.01%
Long pays every8hShort pays every8h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$8.54
+0.09%
$Avg Daily PnL
+$14.99
+0.1499%
★Best Day
+$26.08
Oct 19
◎Open Interest
⚡Funding APR
+54.72%
annualized · funding only
⚠Execution Cost
−$36.43
entry + exit fees
⏱Payback
2.4d
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 (−$36.43 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.