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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 ~8.4d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+15.81%
7d Period Avg+9.06%
swing±5.96%
LONG Toobit · nowTRX-SWAP-USDT
−28.09%
7d avg:−26.70%
SHORT Gate.io · now
−12.27%
7d avg:−17.64%
Entry Spread Now
+0.042%
Eaten by executionL 0.3302 · S 0.3303+$4.24 if it converges
24h range −0.05%…+0.07% · median +0.01%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker-0.010%/taker0.075%
Loading Funding History…
↗Total PnL
−$18.97
−0.19%
$Avg Daily PnL
+$2.48
+0.0248%
★Best Day
+$4.09
Oct 5
◎Open Interest
⚡Funding APR
+9.06%
annualized · funding only
⚠Execution Cost
−$36.34
entry + exit fees
⏱Payback
14.7d
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 (−$36.34 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.