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updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding covers it in ~5.4d
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
+15.19%
3d Period Avg+6.53%
swingΒ±9.59%
LONG Binance Futures Β· now
β30.20%
3d avg:β18.10%
SHORT Bitget Β· now
β15.01%
3d avg:β11.57%
Entry Spread Now
β0.024%
Eaten by executionL 0.3319 Β· S 0.3318β$2.44 if it converges
24h range β0.10%β¦+0.06% Β· median β0.01%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding Historyβ¦
βTotal PnL
β$16.18
β0.16%
$Avg Daily PnL
+$2.12
+0.0212%
β
Best Day
+$4.52
Oct 7
βOpen Interest
β‘Funding APR
+7.72%
annualized Β· funding only
β Execution Cost
β$22.53
entry + exit fees
β±Payback
10.7d
to break even
β§24h Volume
Loading Cumulative PnLβ¦
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 (β$22.53 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.