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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+47.59%
swing±155.12%
LONG BingX · now
+10.96%
3d avg:−22.93%
SHORT Binance Futures · now
+10.96%
3d avg:+24.66%
Entry Spread Now
−0.237%
Against youL 0.9516 · S 0.9493−$23.69 if it converges
24h range −0.89%…+1.67% · median −0.07%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$17.92
+0.18%
$Avg Daily PnL
+$12.64
+0.1264%
★Best Day
+$27.58
Sep 25
◎Open Interest
⚡Funding APR
+46.14%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
1.6d
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 + fees only (orderbook snapshot stale) on both legs (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.