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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 ~4.7d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+7.80%
3d Period Avg+4.67%
swing±5.91%
LONG Variational · now
+3.16%
3d avg:+9.33%
SHORT BingX · now
+10.96%
3d avg:+14.00%
Entry Spread Now
−0.017%
NeutralL 0.02967 · S 0.02966
24h range −0.18%…+0.80% · median +0.11%
Long pays every8hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$6.16
−0.06%
$Avg Daily PnL
+$1.28
+0.0128%
★Best Day
+$1.21
Oct 1
◎Open Interest
⚡Funding APR
+4.67%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
7.8d
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.