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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 ~38d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+1.94%
7d Period Avg+4.74%
swing±52.84%
LONG Binance Futures · now
+4.05%
7d avg:−67.62%
SHORT Pionex · nowQNT_USDT_PERP
+5.99%
7d avg:−62.88%
Entry Spread Now
+0.229%
In your favorL 240.9500 · S 241.5010+$22.87 if it converges
24h range −0.38%…+0.48% · median +0.00%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$16.93
−0.17%
$Avg Daily PnL
+$0.44
+0.0044%
★Best Day
+$1.04
Oct 6
◎Open Interest
⚡Funding APR
+1.60%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
1.5mo
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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.