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updated —ZHIPU 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
−6.24%
3d Period Avg+40.80%
swing±127.39%
LONG trade[XYZ] · now
+6.24%
3d avg:−63.28%
SHORT Bitget · now
+0.00%
3d avg:−22.48%
Entry Spread Now
+0.037%
Eaten by executionL 51.0910 · S 51.1100+$3.72 if it converges
24h range −0.34%…+0.48% · median +0.06%
Long pays every1hShort pays every8h
LONGmaker0.030%/taker0.090%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$48.13
−0.48%
$Avg Daily PnL
−$6.04
−0.0604%
★Best Day
+$1.83
Nov 11
◎Open Interest
⚡Funding APR
−22.05%
annualized · funding only
⚠Execution Cost
−$30.00
entry + exit fees
⏱Payback
never
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 (−$30.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.