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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 ~7.7d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+8.99%
7d Period Avg+13.84%
swing±16.45%
LONG Gate.io · now
+1.97%
7d avg:+6.17%
SHORT MEXC · now
+10.96%
7d avg:+20.01%
Entry Spread Now
+0.116%
In your favorL 0.1119 · S 0.1120+$11.62 if it converges
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
+$9.86
+0.10%
$Avg Daily PnL
+$4.12
+0.0412%
★Best Day
+$6.01
Nov 12
◎Open Interest
Gate.io$8.00M
MEXC$2.76M⚡Funding APR
+15.05%
annualized · funding only
⚠Execution Cost
−$19.00
entry + exit fees
⏱Payback
4.6d
to break even
◧24h Volume
Gate.io$2.06MMEXC$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.