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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 ~4.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+21.92%
7d Period Avg+8.19%
swing±16.17%
LONG Gate.io · now
+0.00%
7d avg:+16.33%
SHORT Hotcoin · now
+21.92%
7d avg:+24.52%
Entry Spread Now
−0.021%
Eaten by executionL 1,155.4 · S 1,155.16−$2.08 if it converges
24h range −0.09%…+0.17% · median −0.01%
Long pays every4hShort pays every4h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$11.32
−0.11%
$Avg Daily PnL
+$2.24
+0.0224%
★Best Day
+$6.00
Oct 4
◎Open Interest
⚡Funding APR
+8.18%
annualized · funding only
⚠Execution Cost
−$27.00
entry + exit fees
⏱Payback
12.1d
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 (−$27.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.