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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 ~1.0d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+139.93%
3d Period Avg+42.00%
swing±143.41%
LONG Toobit · nowBTW-SWAP-USDT
−73.53%
3d avg:−5.29%
SHORT BingX · now
+66.40%
3d avg:+36.71%
Entry Spread Now
+0.000%
NeutralL 1.2203 · S 1.2203
24h range −0.39%…+0.62% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$5.09
−0.05%
$Avg Daily PnL
+$11.50
+0.1150%
★Best Day
+$19.72
Sep 27
◎Open Interest
⚡Funding APR
+41.97%
annualized · funding only
⚠Execution Cost
−$39.58
entry + exit fees
⏱Payback
3.4d
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 (−$39.58 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.