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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
−35.38%
30d Period Avg−13.26%
swing±37.03%
LONG Gate.io · now
+143.54%
30d avg:+28.91%
SHORT Pionex · nowTRIA_USDT_PERP
+108.17%
30d avg:+15.65%
Entry Spread Now
+0.234%
In your favorL 0.004100 · S 0.004110+$23.44 if it converges
24h range −1.20%…+0.67% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$133.04
−1.33%
$Avg Daily PnL
−$3.60
−0.0360%
★Best Day
+$3.97
Sep 4
◎Open Interest
⚡Funding APR
−13.15%
annualized · funding only
⚠Execution Cost
−$25.00
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 (−$25.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.