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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
−2.53%
3d Period Avg−0.76%
swing±1.99%
LONG BloFin · now
+13.49%
3d avg:+11.72%
SHORT Binance Futures · now
+10.96%
3d avg:+10.96%
Entry Spread Now
+0.020%
NeutralL 2.5550 · S 2.5555
24h range −0.35%…+0.76% · median +0.02%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$22.63
−0.23%
$Avg Daily PnL
−$0.21
−0.0021%
★Best Day
+$0.22
Oct 1
◎Open Interest
⚡Funding APR
−0.77%
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.