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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−5.31%
3d Period Avg+2.97%
swing±5.58%
LONG Variational · now
+26.09%
3d avg:+12.64%
SHORT BingX · now
+20.78%
3d avg:+15.61%
Entry Spread Now
−0.126%
Against youL 0.0006762 · S 0.0006754−$12.57 if it converges
24h range −0.43%…+0.39% · median −0.10%
Long pays every8hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$7.56
−0.08%
$Avg Daily PnL
+$0.81
+0.0081%
★Best Day
+$1.00
Sep 29
◎Open Interest
⚡Funding APR
+2.97%
annualized · funding only
⚠Execution Cost
−$10.00
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 (−$10.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.