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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+3.05%
swing±5.07%
LONG Variational · now
+10.96%
3d avg:+10.96%
SHORT BingX · now
+10.96%
3d avg:+14.01%
Entry Spread Now
−0.005%
NeutralL 0.09190 · S 0.09189
24h range −0.39%…+1.24% · median −0.04%
Long pays every8hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$7.49
−0.07%
$Avg Daily PnL
+$0.84
+0.0084%
★Best Day
+$1.00
Sep 29
◎Open Interest
⚡Funding APR
+3.05%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
11.9d
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.