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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+0.20%
swing±0.62%
LONG Variational · now
+10.96%
3d avg:+10.96%
SHORT BingX · now
+10.96%
3d avg:+11.16%
Entry Spread Now
+0.157%
In your favorL 0.02225 · S 0.02228+$15.73 if it converges
24h range −0.11%…+0.59% · median +0.11%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$9.83
−0.10%
$Avg Daily PnL
+$0.06
+0.0006%
★Best Day
+$0.17
Sep 30
◎Open Interest
⚡Funding APR
+0.21%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
5.9mo
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 (−$10.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.