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updated 9:11:40 AMFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.3d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+169.40%
1d Period Avg+31.56%
swing±49.13%
LONG MEXC · now
−158.45%
1d avg:−20.60%
SHORT BingX · now
+10.96%
1d avg:+10.96%
Entry Spread Now
+0.000%
NeutralL 0.1299 · S 0.1299
24h range −0.54%…+0.30% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0%/taker0.020%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$5.36
−0.05%
$Avg Daily PnL
+$4.32
+0.0432%
★Best Day
+$8.64
Sep 17
◎Open Interest
⚡Funding APR
+15.77%
annualized · funding only
⚠Execution Cost
−$14.00
entry + exit fees
⏱Payback
3.2d
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.