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updated —USELESS Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~4.6d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+15.12%
3d Period Avg+12.05%
swing±11.93%
LONG Gate.io · now
−4.16%
3d avg:+6.53%
SHORT MEXC · now
+10.96%
3d avg:+18.58%
Entry Spread Now
+0.018%
NeutralL 0.1121 · S 0.1121
24h range −0.87%…+0.90% · median +0.07%
Long pays every4hShort pays every4h
LONGmaker-0.010%/taker0.075%SHORTmaker0%/taker0.020%
Loading Funding History…
↗Total PnL
−$5.97
−0.06%
$Avg Daily PnL
+$4.34
+0.0434%
★Best Day
+$6.01
Nov 12
◎Open Interest
Gate.io$8.02M
MEXC$2.79M⚡Funding APR
+15.85%
annualized · funding only
⚠Execution Cost
−$19.00
entry + exit fees
⏱Payback
4.4d
to break even
◧24h Volume
Gate.io$2.04MMEXC$3.87MLoading 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 (−$19.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.