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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
−9.19%
3d Period Avg+3.56%
swing±6.03%
LONG Variational · now
+20.80%
3d avg:+12.05%
SHORT BingX · now
+11.61%
3d avg:+15.61%
Entry Spread Now
−0.133%
Against youL 0.0006760 · S 0.0006751−$13.31 if it converges
24h range −0.43%…+0.39% · median −0.09%
Long pays every8hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$7.08
−0.07%
$Avg Daily PnL
+$0.97
+0.0097%
★Best Day
+$1.00
Sep 29
◎Open Interest
⚡Funding APR
+3.55%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
10.3d
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.