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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 ~4.4d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+23.67%
3d Period Avg+23.17%
swing±10.20%
LONG grvt · nowBNB_USDT_Perp
+0.00%
3d avg:+7.00%
SHORT Coinbase International · nowBNB-PERP
+23.67%
3d avg:+30.17%
Entry Spread Now
−0.037%
Against youL ask 779.1600 · S bid 778.8700−$3.72 at entry
24h range −0.11%…+0.12% · median +0.00%
Long pays every8hShort pays every1h
LONGmaker0.010%/taker0.050%SHORTmaker0.020%/taker0.040%
Loading Funding History…
↗Total PnL
−$8.72
−0.09%
$Avg Daily PnL
+$6.64
+0.0664%
★Best Day
+$8.22
Sep 26
◎Open Interest
⚡Funding APR
+24.24%
annualized · funding only
⚠Execution Cost
−$28.64
entry + exit fees
⏱Payback
4.3d
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 + live L2 orderbook slippage on both legs (−$28.64 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.