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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 ~0.9d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+96.49%
30d Period Avg+33.63%
swing±61.26%
LONG Gate.io · now
+10.96%
30d avg:+13.44%
SHORT Pionex · nowXNY_USDT_PERP
+107.44%
30d avg:+47.07%
Entry Spread Now
+0.009%
NeutralL 0.007062 · S 0.007063
24h range −0.24%…+0.41% · median −0.03%
Long pays every4hShort pays every4h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$255.22
+2.55%
$Avg Daily PnL
+$9.34
+0.0934%
★Best Day
+$24.95
Sep 22
◎Open Interest
⚡Funding APR
+34.09%
annualized · funding only
⚠Execution Cost
−$25.00
entry + exit fees
⏱Payback
2.7d
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 (−$25.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.