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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
+0.00%
30d Period Avg+8.99%
swing±65.78%
LONG Binance Futures · now
+10.96%
30d avg:−30.49%
SHORT BingX · now
+10.96%
30d avg:−21.50%
Entry Spread Now
−0.018%
NeutralL 0.05698 · S 0.05697
24h range −0.30%…+0.31% · median +0.08%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$78.61
+0.79%
$Avg Daily PnL
+$3.29
+0.0329%
★Best Day
+$41.19
Sep 14
◎Open Interest
⚡Funding APR
+12.00%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
6.1d
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.