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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
+0.00%
7d Period Avg+38.15%
swing±68.91%
LONG Toobit · nowXAI-SWAP-USDT
+10.96%
7d avg:−48.49%
SHORT BingX · now
+10.96%
7d avg:−10.34%
Entry Spread Now
+0.082%
Eaten by executionL 0.009765 · S 0.009773+$8.19 if it converges
24h range −0.76%…+1.21% · median +0.05%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$32.64
+0.33%
$Avg Daily PnL
+$10.44
+0.1044%
★Best Day
+$43.75
Sep 25
◎Open Interest
⚡Funding APR
+38.12%
annualized · funding only
⚠Execution Cost
−$40.47
entry + exit fees
⏱Payback
3.9d
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 (−$40.47 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.