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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−32.32%
swing±63.56%
LONG Variational · now
+10.96%
3d avg:+43.28%
SHORT BingX · now
+10.96%
3d avg:+10.96%
Entry Spread Now
−0.042%
Eaten by executionL 2.1829 · S 2.1820−$4.19 if it converges
24h range −0.32%…+0.95% · median −0.02%
Long pays every4hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$36.55
−0.37%
$Avg Daily PnL
−$8.85
−0.0885%
★Best Day
+$0.00
Sep 30
◎Open Interest
⚡Funding APR
−32.30%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
never
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.