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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
−81.30%
3d Period Avg−7.37%
swing±23.24%
LONG MEXC · now
−88.76%
3d avg:−66.26%
SHORT BingX · now
−170.06%
3d avg:−73.63%
Entry Spread Now
−0.218%
Against youL 0.005517 · S 0.005505−$21.75 if it converges
24h range −0.25%…+0.30% · median +0.04%
Long pays every4hShort pays every4h
LONGmaker0%/taker0.020%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$19.72
−0.20%
$Avg Daily PnL
−$1.91
−0.0191%
★Best Day
+$0.85
Sep 25
◎Open Interest
⚡Funding APR
−6.96%
annualized · funding only
⚠Execution Cost
−$14.00
entry + exit fees
⏱Payback
never
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 (−$14.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.