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updated 4:57:13 PMFunding Arbitrage Backtester
Size$
R-trip cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+108.92%
3d Period Avg−90.87%
LONG Gate.io · now
−97.96%
3d avg:−29.88%
SHORT Backpack · nowSTABLE_USDC_PERP
+10.96%
3d avg:−120.75%
Entry Spread Now
+0.601%
In your favorL 0.03543 · S 0.03564+$60.12 if it converges
24h range −1.20%…+4.73% · median +0.35%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$98.84
−0.99%
$Avg Daily PnL
−$19.71
−0.1971%
★Best Day
−$10.64
Jul 14
◎Open Interest
⚡Funding APR
−71.94%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
never
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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.