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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 ~21d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+8.97%
7d Period Avg+15.53%
swing±22.38%
LONG Variational · now
+1.99%
7d avg:−10.17%
SHORT Binance Futures · now
+10.96%
7d avg:+5.36%
Entry Spread Now
−0.742%
Against youL 320.1770 · S 317.8019−$74.18 if it converges
24h range −3.18%…+4.43% · median +0.17%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$22.53
−0.23%
$Avg Daily PnL
+$4.25
+0.0425%
★Best Day
+$7.26
Sep 23
◎Open Interest
⚡Funding APR
+15.52%
annualized · funding only
⚠Execution Cost
−$52.30
entry + exit fees
⏱Payback
12.3d
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 (−$52.30 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.