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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 ~1.7d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+32.65%
3d Period Avg+25.71%
swing±26.88%
LONG Variational · nowCOPPER
+0.00%
3d avg:+10.83%
SHORT Gate.io · now
+32.65%
3d avg:+36.54%
Entry Spread Now
−0.001%
NeutralL 6.5560 · S 6.5560
24h range −0.23%…+0.26% · median +0.05%
Long pays every4hShort pays every8h
LONGmaker0%/taker0%SHORTmaker-0.010%/taker0.075%
Loading Funding History…
↗Total PnL
+$10.20
+0.10%
$Avg Daily PnL
+$8.40
+0.0840%
★Best Day
+$12.88
Sep 29
◎Open Interest
⚡Funding APR
+30.66%
annualized · funding only
⚠Execution Cost
−$15.00
entry + exit fees
⏱Payback
1.8d
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 (−$15.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.