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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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
7d Period Avg+1.00%
swing±15.30%
LONG Binance Futures · now
+10.96%
7d avg:+10.93%
SHORT grvt · nowKPEPE_USDT_Perp
+10.96%
7d avg:+11.93%
Entry Spread Now
−0.084%
Eaten by executionL 0.004322 · S 0.004318−$8.40 if it converges
24h range −0.42%…+0.33% · median −0.01%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.010%/taker0.050%
Loading Funding History…
↗Total PnL
−$39.25
−0.39%
$Avg Daily PnL
+$0.24
+0.0024%
★Best Day
+$4.40
Sep 24
◎Open Interest
⚡Funding APR
+0.87%
annualized · funding only
⚠Execution Cost
−$40.91
entry + exit fees
⏱Payback
5.7mo
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 (−$40.91 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.