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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 ~17d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+4.38%
30d Period Avg+35.09%
swing±77.11%
LONG Binance Futures · now
+10.96%
30d avg:+12.75%
SHORT BingX · now
+15.34%
30d avg:+47.84%
Entry Spread Now
−0.202%
Against youL 0.1239 · S 0.1236−$20.19 if it converges
24h range −0.24%…+0.26% · median +0.02%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$266.20
+2.66%
$Avg Daily PnL
+$9.54
+0.0954%
★Best Day
+$43.09
Sep 24
◎Open Interest
⚡Funding APR
+34.82%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
2.1d
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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.