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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 ~72d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+26.95%
3d Period Avg−100.68%
swing±54.98%
LONG Gate.io · now
+47.12%
3d avg:+141.79%
SHORT Pionex · nowTRIA_USDT_PERP
+74.06%
3d avg:+41.11%
Entry Spread Now
+0.214%
Eaten by executionL 0.004010 · S 0.004019+$21.45 if it converges
24h range −1.20%…+0.67% · median +0.02%
Long pays every4hShort pays every4h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$612.93
−6.13%
$Avg Daily PnL
−$27.56
−0.2756%
★Best Day
−$9.56
Oct 1
◎Open Interest
⚡Funding APR
−100.61%
annualized · funding only
⚠Execution Cost
−$530.24
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 (−$530.24 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.