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updated —MSTR 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%
3d Period Avg+4.12%
swing±27.76%
LONG Variational · now
+0.00%
3d avg:−2.88%
SHORT Binance Futures · now
+0.00%
3d avg:+1.24%
Entry Spread Now
+0.052%
In your favorL 107.4840 · S 107.5400+$5.21 if it converges
24h range −0.24%…+0.54% · median +0.06%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$6.62
−0.07%
$Avg Daily PnL
+$1.13
+0.0113%
★Best Day
+$2.98
Nov 13
◎Open Interest
Variational$1.54M
Binance Futures$64.30M⚡Funding APR
+4.12%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
8.9d
to break even
◧24h Volume
Variational$1.21MBinance Futures$236.49MLoading 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 (−$10.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.