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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−28.93%
3d Period Avg+105.98%
swing±40.75%
LONG BingX · now
+110.23%
3d avg:+35.81%
SHORT Gate.io · now
+81.30%
3d avg:+141.79%
Entry Spread Now
+0.124%
Eaten by executionL 0.004025 · S 0.004030+$12.42 if it converges
24h range −0.70%…+0.75% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker-0.010%/taker0.075%
Loading Funding History…
↗Total PnL
+$62.05
+0.62%
$Avg Daily PnL
+$29.02
+0.2902%
★Best Day
+$27.05
Sep 29
◎Open Interest
⚡Funding APR
+105.91%
annualized · funding only
⚠Execution Cost
−$25.00
entry + exit fees
⏱Payback
20.6h
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 (−$25.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.