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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 ~4.1d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+22.79%
7d Period Avg+13.01%
swing±12.72%
LONG grvt · nowBNB_USDT_Perp
+0.00%
7d avg:+8.06%
SHORT Coinbase International · nowBNB-PERP
+22.79%
7d avg:+21.07%
Entry Spread Now
−0.061%
Against youL ask 775.9100 · S bid 775.4400−$6.06 at entry
24h range −0.09%…+0.12% · median +0.01%
Long pays every8hShort pays every1h
LONGmaker0.010%/taker0.050%SHORTmaker0.020%/taker0.040%
Loading Funding History…
↗Total PnL
−$0.96
−0.01%
$Avg Daily PnL
+$3.56
+0.0356%
★Best Day
+$8.22
Sep 26
◎Open Interest
⚡Funding APR
+13.00%
annualized · funding only
⚠Execution Cost
−$25.89
entry + exit fees
⏱Payback
7.3d
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 (−$25.89 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.