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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%
7d Period Avg+52.21%
swing±105.20%
LONG BingX · now
+10.96%
7d avg:−14.02%
SHORT Toobit · nowBR-SWAP-USDT
+10.96%
7d avg:+38.19%
Entry Spread Now
−0.013%
NeutralL 0.9066 · S 0.9065
24h range −1.21%…+1.75% · median −0.08%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$76.90
+0.77%
$Avg Daily PnL
+$14.13
+0.1413%
★Best Day
+$28.94
Sep 21
◎Open Interest
⚡Funding APR
+51.57%
annualized · funding only
⚠Execution Cost
−$22.00
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.