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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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−52.24%
3d Period Avg+24.64%
swing±65.00%
LONG Binance Futures · now
+94.97%
3d avg:+83.90%
SHORT BingX · now
+42.73%
3d avg:+108.54%
Entry Spread Now
−1.021%
Against youL 0.3564 · S 0.3528−$102.10 if it converges
24h range −3.94%…+3.38% · median −0.08%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$27.26
−0.27%
$Avg Daily PnL
+$5.96
+0.0596%
★Best Day
+$10.86
Sep 26
◎Open Interest
⚡Funding APR
+21.75%
annualized · funding only
⚠Execution Cost
−$45.14
entry + exit fees
⏱Payback
7.6d
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 (−$45.14 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.