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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
7d Period Avg+32.46%
swing±39.58%
LONG Gate.io · now
+0.00%
7d avg:+15.31%
SHORT Bybit · now
+0.00%
7d avg:+47.77%
Entry Spread Now
−0.037%
Eaten by executionL 80.8500 · S 80.8200−$3.71 if it converges
24h range −0.16%…+0.37% · median +0.01%
Long pays every8hShort pays every8h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
+$33.67
+0.34%
$Avg Daily PnL
+$8.52
+0.0852%
★Best Day
+$19.26
Sep 22
◎Open Interest
⚡Funding APR
+31.11%
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.