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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 ~2.8d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+13.22%
7d Period Avg+15.42%
swing±29.75%
LONG Variational · now
+10.96%
7d avg:+30.75%
SHORT Binance Futures · now
+24.18%
7d avg:+46.17%
Entry Spread Now
+0.508%
In your favorL 0.5696 · S 0.5725+$50.76 if it converges
24h range −1.29%…+0.71% · median +0.03%
Long pays every4hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$19.54
+0.20%
$Avg Daily PnL
+$4.22
+0.0422%
★Best Day
+$7.24
Sep 25
◎Open Interest
⚡Funding APR
+15.40%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
2.4d
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.