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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 ~4.8d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+25.20%
7d Period Avg+16.25%
swing±12.41%
LONG Hotcoin · now
−14.24%
7d avg:−5.29%
SHORT Binance Futures · now
+10.96%
7d avg:+10.96%
Entry Spread Now
−0.067%
Against youL ask 0.2698 · S bid 0.2697−$6.67 at entry
24h range −0.36%…+0.44% · median +0.01%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$1.84
−0.02%
$Avg Daily PnL
+$4.51
+0.0451%
★Best Day
+$6.90
Sep 25
◎Open Interest
⚡Funding APR
+16.45%
annualized · funding only
⚠Execution Cost
−$33.39
entry + exit fees
⏱Payback
7.4d
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 + live L2 orderbook slippage on both legs (−$33.39 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.