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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
−3.29%
3d Period Avg−6.99%
swing±10.50%
LONG Variational · now
+10.96%
3d avg:+10.58%
SHORT BingX · now
+7.67%
3d avg:+3.59%
Entry Spread Now
+0.302%
In your favorL 0.2319 · S 0.2326+$30.19 if it converges
24h range −0.32%…+0.43% · median +0.13%
Long pays every4hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$15.74
−0.16%
$Avg Daily PnL
−$1.91
−0.0191%
★Best Day
−$0.60
Sep 28
◎Open Interest
⚡Funding APR
−6.99%
annualized · funding only
⚠Execution Cost
−$10.00
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 (−$10.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.