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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 ~1.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+24.33%
3d Period Avg+29.19%
swing±25.68%
LONG Variational · now
+10.96%
3d avg:+10.96%
SHORT BingX · now
+35.28%
3d avg:+40.15%
Entry Spread Now
−0.108%
Against youL 0.001850 · S 0.001848−$10.81 if it converges
24h range −0.52%…+0.27% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$13.98
+0.14%
$Avg Daily PnL
+$7.99
+0.0799%
★Best Day
+$9.05
Sep 28
◎Open Interest
⚡Funding APR
+29.17%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
1.3d
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.