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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 ~22d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+3.29%
3d Period Avg+11.37%
swing±15.60%
LONG BingX · now
+7.67%
3d avg:−0.41%
SHORT Binance Futures · now
+10.96%
3d avg:+10.96%
Entry Spread Now
−0.058%
Eaten by executionL 0.0001717 · S 0.0001716−$5.82 if it converges
24h range −0.18%…+0.29% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$10.66
−0.11%
$Avg Daily PnL
+$3.11
+0.0311%
★Best Day
+$4.93
Sep 28
◎Open Interest
⚡Funding APR
+11.36%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
6.4d
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.