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updated 7:20:24 PMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+2.88%
LONG Gate.io · now
+10.96%
3d avg:+10.96%
SHORT Pionex · nowSOON_USDT_PERP
+10.96%
3d avg:+13.84%
Entry Spread Now
−0.152%
Against youL 0.1969 · S 0.1966−$15.24 if it converges
24h range −0.41%…+2.01% · median +0.26%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$17.77
−0.18%
$Avg Daily PnL
+$0.56
+0.0056%
★Best Day
+$1.25
Aug 17
◎Open Interest
Gate.io$3.14M
Pionex$3.4K⚡Funding APR
+2.04%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
1.2mo
to break even
◧24h Volume
Gate.io$404.0KPionex$17.9KLoading 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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.