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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 ~15d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+5.36%
30d Period Avg−7.30%
swing±54.51%
LONG BingX · now
+7.67%
30d avg:−30.28%
SHORT BloFin · now
+13.03%
30d avg:−37.58%
Entry Spread Now
+0.031%
Eaten by executionL 0.3252 · S 0.3253+$3.08 if it converges
24h range −0.34%…+0.45% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$42.62
−0.43%
$Avg Daily PnL
−$0.69
−0.0069%
★Best Day
+$15.39
Sep 12
◎Open Interest
⚡Funding APR
−2.51%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
never
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.