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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 ~32d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+2.29%
3d Period Avg+14.07%
swing±22.32%
LONG Binance Futures · now
+8.67%
3d avg:+10.86%
SHORT BingX · now
+10.96%
3d avg:+24.93%
Entry Spread Now
+0.113%
In your favorL 0.05694 · S 0.05700+$11.25 if it converges
24h range −0.30%…+0.31% · median +0.07%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$9.09
−0.09%
$Avg Daily PnL
+$3.64
+0.0364%
★Best Day
+$8.99
Sep 29
◎Open Interest
⚡Funding APR
+13.28%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
5.5d
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.