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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
−0.20%
3d Period Avg+0.71%
swing±5.37%
LONG Binance Futures · now
+4.46%
3d avg:+2.82%
SHORT Pionex · nowSTRK_USDT_PERP
+4.26%
3d avg:+3.53%
Entry Spread Now
−0.557%
Against youL 0.1212 · S 0.1205−$55.69 if it converges
24h range −0.99%…+1.05% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$19.45
−0.19%
$Avg Daily PnL
+$0.18
+0.0018%
★Best Day
+$0.25
Oct 9
◎Open Interest
⚡Funding APR
+0.66%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
3.7mo
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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.