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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 ~10.0d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+8.05%
3d Period Avg+3.21%
swing±9.53%
LONG BingX · now
+10.96%
3d avg:+10.96%
SHORT Toobit · nowASTER-SWAP-USDT
+19.01%
3d avg:+14.17%
Entry Spread Now
+0.207%
In your favorL 0.7235 · S 0.7250+$20.73 if it converges
24h range −0.23%…+0.44% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$19.36
−0.19%
$Avg Daily PnL
+$0.88
+0.0088%
★Best Day
+$1.78
Sep 25
◎Open Interest
⚡Funding APR
+3.21%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
25.0d
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.