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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%
7d Period Avg+12.00%
swing±22.90%
LONG MEXC · now
+10.96%
7d avg:+10.96%
SHORT BingX · now
+7.67%
7d avg:+22.96%
Entry Spread Now
+0.078%
In your favorL 6.4480 · S 6.4530+$7.75 if it converges
24h range −1.52%…+0.99% · median +0.04%
Long pays every4hShort pays every4h
LONGmaker0%/taker0.020%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$9.01
+0.09%
$Avg Daily PnL
+$3.29
+0.0329%
★Best Day
+$6.91
Sep 29
◎Open Interest
⚡Funding APR
+12.00%
annualized · funding only
⚠Execution Cost
−$14.00
entry + exit fees
⏱Payback
4.3d
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 (−$14.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.