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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 ~6.2d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+15.73%
3d Period Avg+17.59%
swing±8.07%
LONG Hotcoin · now
−4.78%
3d avg:−8.17%
SHORT Binance Futures · now
+10.96%
3d avg:+9.42%
Entry Spread Now
+0.014%
NeutralL 70.4300 · S 70.4400
24h range −0.09%…+0.15% · median +0.01%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$11.58
−0.12%
$Avg Daily PnL
+$4.98
+0.0498%
★Best Day
+$5.88
Sep 26
◎Open Interest
⚡Funding APR
+18.18%
annualized · funding only
⚠Execution Cost
−$26.52
entry + exit fees
⏱Payback
5.3d
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 (−$26.52 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.