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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
+0.00%
7d Period Avg+2.68%
swing±8.41%
LONG Binance Futures · now
+10.96%
7d avg:+8.01%
SHORT Backpack · nowPUMP_USDC_PERP
+10.96%
7d avg:+10.69%
Entry Spread Now
−0.102%
Against youL ask 0.005463 · S bid 0.005457−$10.25 at entry
24h range −0.39%…+0.41% · median −0.06%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$26.45
−0.26%
$Avg Daily PnL
+$0.77
+0.0077%
★Best Day
+$3.33
Oct 5
◎Open Interest
⚡Funding APR
+2.80%
annualized · funding only
⚠Execution Cost
−$31.83
entry + exit fees
⏱Payback
1.4mo
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 + live L2 orderbook slippage on both legs (−$31.83 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.