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updated 7:20:13 PMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
ⓘSlippage estimate may be inaccurate (thin orderbook or partial fill)
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−5.43%
3d Period Avg+13.26%
LONG Gate.io · nowSPX500_USDT
+10.96%
3d avg:−7.71%
SHORT Ondo · nowUS500-USD.P
+5.52%
3d avg:+5.55%
Entry Spread Now
+0.044%
In your favorL ask 7,750.17 · S bid 7,753.59+$4.41 at entry
24h range −0.02%…+0.26% · median +0.10%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.015%/taker0.035%
Loading Funding History…
↗Total PnL
−$136.04
−1.36%
$Avg Daily PnL
+$2.56
+0.0256%
★Best Day
+$4.54
Aug 16
◎Open Interest
Gate.io$2.75M
Ondo$13.85M⚡Funding APR
+9.35%
annualized · funding only
⚠Execution Cost
−$146.29
entry + exit fees
⏱Payback
1.9mo
to break even
◧24h Volume
Gate.io$40.0KOndo$9.14MLoading 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 (−$146.29 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.