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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 ~13d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+7.28%
7d Period Avg+31.51%
swing±69.86%
LONG Bybit · now
+3.68%
7d avg:−26.99%
SHORT Gate.io · now
+10.96%
7d avg:+4.52%
Entry Spread Now
−0.234%
Against youL 0.005128 · S 0.005116−$23.40 if it converges
24h range −0.32%…+0.26% · median −0.18%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker-0.010%/taker0.075%
Loading Funding History…
↗Total PnL
+$34.39
+0.34%
$Avg Daily PnL
+$8.63
+0.0863%
★Best Day
+$25.76
Sep 25
◎Open Interest
⚡Funding APR
+31.49%
annualized · funding only
⚠Execution Cost
−$26.00
entry + exit fees
⏱Payback
3.0d
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 (−$26.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.