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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 ~44d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+1.82%
30d Period Avg−3.98%
swing±6.09%
LONG BloFin · now
+9.14%
30d avg:+14.17%
SHORT Binance Futures · now
+10.96%
30d avg:+10.19%
Entry Spread Now
+0.038%
Eaten by executionL 0.008505 · S 0.008508+$3.77 if it converges
24h range −0.44%…+0.68% · median +0.03%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$54.65
−0.55%
$Avg Daily PnL
−$1.09
−0.0109%
★Best Day
+$0.31
Sep 12
◎Open Interest
⚡Funding APR
−3.97%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
never
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.