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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+67.98%
3d Period Avg+22.58%
swing±25.81%
LONG Variational · now
+28.67%
3d avg:+19.94%
SHORT BingX · now
+96.65%
3d avg:+42.52%
Entry Spread Now
+0.028%
Eaten by executionL 0.03607 · S 0.03608+$2.77 if it converges
24h range −0.32%…+0.44% · median +0.07%
Long pays every4hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$8.54
+0.09%
$Avg Daily PnL
+$6.18
+0.0618%
★Best Day
+$8.87
Sep 28
◎Open Interest
⚡Funding APR
+22.55%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
1.6d
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 (−$10.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.