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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+28.22%
swing±29.40%
LONG MEXC · now
+10.96%
3d avg:+14.04%
SHORT BingX · now
+10.96%
3d avg:+42.26%
Entry Spread Now
−0.054%
Eaten by executionL 0.1474 · S 0.1473−$5.43 if it converges
24h range −1.45%…+11.33% · median +0.07%
Long pays every4hShort pays every4h
LONGmaker0%/taker0.020%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$17.73
−0.18%
$Avg Daily PnL
+$7.73
+0.0773%
★Best Day
+$14.49
Sep 27
◎Open Interest
⚡Funding APR
+28.20%
annualized · funding only
⚠Execution Cost
−$40.91
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 (−$40.91 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.