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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 ~10d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+7.23%
3d Period Avg+6.75%
swing±7.74%
LONG BingX · now
+3.73%
3d avg:−2.81%
SHORT Binance Futures · now
+10.96%
3d avg:+3.94%
Entry Spread Now
−0.057%
Eaten by executionL 0.0009054 · S 0.0009049−$5.74 if it converges
24h range −0.27%…+0.11% · median −0.07%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$14.46
−0.14%
$Avg Daily PnL
+$1.85
+0.0185%
★Best Day
+$2.46
Sep 28
◎Open Interest
⚡Funding APR
+6.74%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
10.8d
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.