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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 ~13d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+6.31%
3d Period Avg+84.08%
swing±126.37%
LONG BloFin · now
+9.03%
3d avg:+11.04%
SHORT BingX · now
+15.34%
3d avg:+95.12%
Entry Spread Now
+0.081%
Eaten by executionL 0.1241 · S 0.1242+$8.06 if it converges
24h range −0.47%…+0.24% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$47.06
+0.47%
$Avg Daily PnL
+$23.02
+0.2302%
★Best Day
+$31.94
Sep 27
◎Open Interest
⚡Funding APR
+84.02%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
23.0h
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.