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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 ~1.1d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+145.22%
7d Period Avg+30.34%
swing±130.38%
LONG Toobit · nowBTW-SWAP-USDT
−84.52%
7d avg:+36.25%
SHORT BingX · now
+60.70%
7d avg:+66.59%
Entry Spread Now
+0.066%
Eaten by executionL 1.2151 · S 1.2159+$6.58 if it converges
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
+$12.46
+0.12%
$Avg Daily PnL
+$8.31
+0.0831%
★Best Day
+$33.40
Sep 24
◎Open Interest
⚡Funding APR
+30.32%
annualized · funding only
⚠Execution Cost
−$45.69
entry + exit fees
⏱Payback
5.5d
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 (−$45.69 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.