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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+3.66%
swing±11.05%
LONG Binance Futures · now
+0.00%
7d avg:+4.48%
SHORT grvt · nowBNB_USDT_Perp
+0.00%
7d avg:+8.14%
Entry Spread Now
−0.004%
NeutralL ask 776.6200 · S bid 776.5900
24h range −0.09%…+0.10% · median +0.01%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.010%/taker0.050%
Loading Funding History…
↗Total PnL
−$15.04
−0.15%
$Avg Daily PnL
+$1.10
+0.0110%
★Best Day
+$6.37
Sep 25
◎Open Interest
⚡Funding APR
+4.03%
annualized · funding only
⚠Execution Cost
−$22.76
entry + exit fees
⏱Payback
20.6d
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 + live L2 orderbook slippage on both legs (−$22.76 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.