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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
−67.95%
3d Period Avg+62.55%
swing±108.84%
LONG BingX · now
+117.46%
3d avg:+12.80%
SHORT Variational · now
+49.52%
3d avg:+75.35%
Entry Spread Now
−0.005%
NeutralL 0.09554 · S 0.09553
24h range −0.68%…+0.99% · median −0.02%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
+$18.37
+0.18%
$Avg Daily PnL
+$17.13
+0.1713%
★Best Day
+$35.73
Sep 30
◎Open Interest
⚡Funding APR
+62.51%
annualized · funding only
⚠Execution Cost
−$33.01
entry + exit fees
⏱Payback
1.9d
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 (−$33.01 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.