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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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+1.93%
swing±8.21%
LONG Bitget · now
+10.96%
3d avg:+10.96%
SHORT BingX · now
+10.96%
3d avg:+12.89%
Entry Spread Now
−0.007%
NeutralL 0.1412 · S 0.1412
24h range −0.47%…+0.45% · median +0.06%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$83.44
−0.83%
$Avg Daily PnL
+$0.53
+0.0053%
★Best Day
+$1.59
Sep 30
◎Open Interest
⚡Funding APR
+1.93%
annualized · funding only
⚠Execution Cost
−$85.03
entry + exit fees
⏱Payback
5.3mo
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 (−$85.03 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.