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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 ~16d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+116.81%
30d Period Avg−25.95%
swing±101.99%
LONG Gate.io · now
−105.85%
30d avg:−26.36%
SHORT Bybit · now
+10.96%
30d avg:−52.31%
Entry Spread Now
+0.155%
Eaten by executionL 0.004634 · S 0.004641+$15.54 if it converges
24h range −0.44%…+0.31% · median +0.08%
Long pays every4hShort pays every4h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$666.50
−6.67%
$Avg Daily PnL
−$5.47
−0.0547%
★Best Day
+$25.60
Sep 4
◎Open Interest
⚡Funding APR
−19.97%
annualized · funding only
⚠Execution Cost
−$502.33
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 (−$502.33 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.