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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 ~0.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+154.12%
3d Period Avg+63.30%
swing±55.99%
LONG Binance Futures · now
+51.88%
3d avg:+55.22%
SHORT BingX · now
+206.00%
3d avg:+118.52%
Entry Spread Now
−0.057%
Eaten by executionL 2.5274 · S 2.5260−$5.66 if it converges
24h range −0.55%…+1.00% · median −0.07%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$37.11
+0.37%
$Avg Daily PnL
+$19.04
+0.1904%
★Best Day
+$27.69
Sep 26
◎Open Interest
⚡Funding APR
+69.48%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
1.1d
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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.