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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 ~14d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+6.69%
3d Period Avg+9.83%
swing±24.31%
LONG Variational · now
+4.27%
3d avg:−8.31%
SHORT Binance Futures · now
+10.96%
3d avg:+1.52%
Entry Spread Now
−1.446%
Against youL 298.3600 · S 294.0456−$144.60 if it converges
24h range −3.66%…+6.46% · median +0.17%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$17.03
−0.17%
$Avg Daily PnL
+$2.69
+0.0269%
★Best Day
+$5.51
Sep 27
◎Open Interest
⚡Funding APR
+9.82%
annualized · funding only
⚠Execution Cost
−$25.10
entry + exit fees
⏱Payback
9.3d
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 (−$25.10 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.