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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
−65.96%
7d Period Avg+69.49%
swing±115.04%
LONG Gate.io · now
+76.92%
7d avg:+34.30%
SHORT Bybit · now
+10.96%
7d avg:+103.79%
Entry Spread Now
−0.380%
Eaten by executionL 0.3393 · S 0.3380−$38.02 if it converges
24h range −4.05%…+2.02% · median −0.04%
Long pays every4hShort pays every4h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
+$12.05
+0.12%
$Avg Daily PnL
+$16.91
+0.1691%
★Best Day
+$37.40
Sep 23
◎Open Interest
Gate.io$6.04M
Bybit$7.87M⚡Funding APR
+61.74%
annualized · funding only
⚠Execution Cost
−$106.35
entry + exit fees
⏱Payback
6.3d
to break even
◧24h Volume
Gate.io$24.65MBybit$62.25MLoading 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 (−$106.35 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.