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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%
3d Period Avg+0.86%
swing±2.33%
LONG Binance Futures · now
+10.96%
3d avg:+9.06%
SHORT Pionex · nowXAUT_USDT_PERP
+10.96%
3d avg:+9.92%
Entry Spread Now
+0.000%
NeutralL 4,193.83 · S 4,193.83
24h range −0.03%…+0.02% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$19.81
−0.20%
$Avg Daily PnL
+$0.07
+0.0007%
★Best Day
+$0.19
Oct 9
◎Open Interest
⚡Funding APR
+0.25%
annualized · funding only
⚠Execution Cost
−$20.02
entry + exit fees
⏱Payback
9.6mo
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 (−$20.02 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.