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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
7d Period Avg+34.35%
swing±41.48%
LONG Binance Futures · now
+10.96%
7d avg:+25.94%
SHORT BingX · now
+10.96%
7d avg:+60.29%
Entry Spread Now
−0.005%
NeutralL 0.2137 · S 0.2137
24h range −0.49%…+0.44% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$39.91
+0.40%
$Avg Daily PnL
+$8.56
+0.0856%
★Best Day
+$27.05
Sep 25
◎Open Interest
⚡Funding APR
+31.24%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
2.3d
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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.