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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 ~5.3d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+16.00%
7d Period Avg+8.00%
swing±8.74%
LONG Binance Futures · now
+10.96%
7d avg:+10.93%
SHORT Toobit · now1000PEPE-SWAP-USDT
+26.96%
7d avg:+18.93%
Entry Spread Now
−0.099%
Eaten by executionL 0.004322 · S 0.004317−$9.88 if it converges
24h range −0.13%…+0.13% · median −0.01%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$9.16
−0.09%
$Avg Daily PnL
+$1.98
+0.0198%
★Best Day
+$3.50
Sep 24
◎Open Interest
⚡Funding APR
+7.24%
annualized · funding only
⚠Execution Cost
−$23.04
entry + exit fees
⏱Payback
11.6d
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 (−$23.04 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.