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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 ~9.0d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+10.96%
3d Period Avg+4.31%
swing±25.68%
LONG Gate.io · now
+0.00%
3d avg:+0.00%
SHORT Hotcoin · now
+10.96%
3d avg:+4.31%
Entry Spread Now
−0.061%
Eaten by executionL 32.9800 · S 32.9600−$6.06 if it converges
24h range −0.09%…+0.03% · median −0.03%
Long pays every8hShort pays every8h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$23.46
−0.23%
$Avg Daily PnL
+$1.18
+0.0118%
★Best Day
+$4.65
Oct 8
◎Open Interest
⚡Funding APR
+4.31%
annualized · funding only
⚠Execution Cost
−$27.00
entry + exit fees
⏱Payback
22.9d
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 (−$27.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.