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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 ~84d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+1.26%
3d Period Avg+11.77%
swing±4.25%
LONG Binance Futures · now
+9.70%
3d avg:−0.81%
SHORT HTX · now
+10.96%
3d avg:+10.96%
Entry Spread Now
+0.106%
Eaten by executionL 63.5927 · S 63.6600+$10.59 if it converges
24h range −0.05%…+0.15% · median +0.05%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$19.70
−0.20%
$Avg Daily PnL
+$3.08
+0.0308%
★Best Day
+$3.45
Oct 10
◎Open Interest
⚡Funding APR
+11.23%
annualized · funding only
⚠Execution Cost
−$28.93
entry + exit fees
⏱Payback
9.4d
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 (−$28.93 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.