diff --git a/_pytest/python.py b/_pytest/python.py
index 7b9921b9a..95388ffcb 100644
--- a/_pytest/python.py
+++ b/_pytest/python.py
@@ -32,6 +32,19 @@ exc_clear = getattr(sys, 'exc_clear', lambda: None)
 # The type of re.compile objects is not exposed in Python.
 REGEX_TYPE = type(re.compile(''))
 
+
+if hasattr(inspect, 'signature'):
+    def _format_args(func):
+        return str(inspect.signature(func))
+else:
+    def _format_args(func):
+        return inspect.formatargspec(*inspect.getargspec(func))
+
+
+def _has_positional_arg(func):
+    return func.__code__.co_argcount
+
+
 def filter_traceback(entry):
     return entry.path != cutdir1 and not entry.path.relto(cutdir2)
 
@@ -593,7 +606,7 @@ class Module(pytest.File, PyCollector):
             #XXX: nose compat hack, move to nose plugin
             # if it takes a positional arg, its probably a pytest style one
             # so we pass the current module object
-            if inspect.getargspec(setup_module)[0]:
+            if _has_positional_arg(setup_module):
                 setup_module(self.obj)
             else:
                 setup_module()
@@ -604,7 +617,7 @@ class Module(pytest.File, PyCollector):
             #XXX: nose compat hack, move to nose plugin
             # if it takes a positional arg, it's probably a pytest style one
             # so we pass the current module object
-            if inspect.getargspec(fin)[0]:
+            if _has_positional_arg(fin):
                 finalizer = lambda: fin(self.obj)
             else:
                 finalizer = fin
@@ -1587,7 +1600,7 @@ class FixtureRequest(FuncargnamesCompatAttr):
             factory = fixturedef.func
             fs, lineno = getfslineno(factory)
             p = self._pyfuncitem.session.fspath.bestrelpath(fs)
-            args = inspect.formatargspec(*inspect.getargspec(factory))
+            args = _format_args(factory)
             lines.append("%s:%d:  def %s%s" %(
                 p, lineno, factory.__name__, args))
         return lines
diff --git a/testing/python/metafunc.py b/testing/python/metafunc.py
index ce84f7a57..04e4a4aeb 100644
--- a/testing/python/metafunc.py
+++ b/testing/python/metafunc.py
@@ -473,6 +473,20 @@ class TestMetafunc:
             *6 passed*
         """)
 
+    def test_format_args(self):
+        def function1(): pass
+        assert funcargs._format_args(function1) == '()'
+
+        def function2(arg1): pass
+        assert funcargs._format_args(function2) == "(arg1)"
+
+        def function3(arg1, arg2="qwe"): pass
+        assert funcargs._format_args(function3) == "(arg1, arg2='qwe')"
+
+        def function4(arg1, *args, **kwargs): pass
+        assert funcargs._format_args(function4) == "(arg1, *args, **kwargs)"
+
+
 class TestMetafuncFunctional:
     def test_attributes(self, testdir):
         p = testdir.makepyfile("""
diff --git a/testing/test_runner.py b/testing/test_runner.py
index 3641ab8ca..b01727dbb 100644
--- a/testing/test_runner.py
+++ b/testing/test_runner.py
@@ -349,7 +349,10 @@ reporttypes = [
 
 @pytest.mark.parametrize('reporttype', reporttypes, ids=[x.__name__ for x in reporttypes])
 def test_report_extra_parameters(reporttype):
-    args = py.std.inspect.getargspec(reporttype.__init__)[0][1:]
+    if hasattr(py.std.inspect, 'signature'):
+        args = list(py.std.inspect.signature(reporttype.__init__).parameters.keys())[1:]
+    else:
+        args = py.std.inspect.getargspec(reporttype.__init__)[0][1:]
     basekw = dict.fromkeys(args, [])
     report = reporttype(newthing=1, **basekw)
     assert report.newthing == 1