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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 ~0.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+175.57%
3d Period Avg+21.82%
swing±64.59%
LONG Gate.io · now
+119.44%
3d avg:+44.44%
SHORT Bybit · now
+295.00%
3d avg:+66.26%
Entry Spread Now
−0.311%
Against youL 0.3537 · S 0.3526−$31.10 if it converges
24h range −4.05%…+2.02% · median −0.01%
Long pays every4hShort pays every4h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$8.08
−0.08%
$Avg Daily PnL
+$5.97
+0.0597%
★Best Day
+$13.36
Sep 27
◎Open Interest
⚡Funding APR
+21.80%
annualized · funding only
⚠Execution Cost
−$26.00
entry + exit fees
⏱Payback
4.3d
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 + fees only (orderbook snapshot stale) on both legs (−$26.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.