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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 ~4.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+21.92%
3d Period Avg+5.42%
swing±33.90%
LONG Gate.io · now
+0.00%
3d avg:+8.99%
SHORT Hotcoin · now
+21.92%
3d avg:+14.41%
Entry Spread Now
−0.009%
NeutralL 64.6360 · S 64.6300
24h range −0.24%…+0.02% · median −0.08%
Long pays every4hShort pays every4h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$22.54
−0.23%
$Avg Daily PnL
+$1.49
+0.0149%
★Best Day
+$2.68
Oct 8
◎Open Interest
⚡Funding APR
+5.42%
annualized · funding only
⚠Execution Cost
−$27.00
entry + exit fees
⏱Payback
18.2d
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 (−$27.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.