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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 ~1.9d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+36.49%
7d Period Avg+20.37%
swing±25.53%
LONG MEXC · nowCOPPER_USDT
+0.00%
7d avg:+2.57%
SHORT Gate.io · now
+36.49%
7d avg:+22.94%
Entry Spread Now
+0.046%
Eaten by executionL 6.5590 · S 6.5620+$4.57 if it converges
24h range −0.24%…+0.29% · median +0.02%
Long pays every4hShort pays every8h
LONGmaker0%/taker0.020%SHORTmaker-0.010%/taker0.075%
Loading Funding History…
↗Total PnL
+$15.80
+0.16%
$Avg Daily PnL
+$4.97
+0.0497%
★Best Day
+$12.12
Sep 29
◎Open Interest
⚡Funding APR
+18.15%
annualized · funding only
⚠Execution Cost
−$19.00
entry + exit fees
⏱Payback
3.8d
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 (−$19.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.