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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+0.02%
swing±0.07%
LONG Variational · now
+10.96%
3d avg:+10.96%
SHORT BingX · now
+10.96%
3d avg:+10.98%
Entry Spread Now
+0.081%
In your favorL 0.8617 · S 0.8624+$8.12 if it converges
24h range −0.29%…+0.24% · median −0.01%
Long pays every4hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$9.98
−0.10%
$Avg Daily PnL
+$0.01
+0.0001%
★Best Day
+$0.01
Sep 28
◎Open Interest
⚡Funding APR
+0.02%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
50.0mo
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 (−$10.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.