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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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+0.08%
swing±0.31%
LONG Backpack · nowLIT_USDC_PERP
+10.96%
3d avg:+10.88%
SHORT Binance Futures · now
+10.96%
3d avg:+10.96%
Entry Spread Now
+0.116%
Eaten by executionL 3.6090 · S 3.6132+$11.57 if it converges
24h range −0.21%…+0.25% · median +0.04%
Long pays every1hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$25.58
−0.26%
$Avg Daily PnL
+$0.04
+0.0004%
★Best Day
+$0.14
Oct 11
◎Open Interest
⚡Funding APR
+0.16%
annualized · funding only
⚠Execution Cost
−$25.71
entry + exit fees
⏱Payback
19.9mo
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 (−$25.71 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.