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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+0.68%
swing±2.81%
LONG Binance Futures · now
+10.96%
7d avg:+7.51%
SHORT Pionex · nowXAUT_USDT_PERP
+10.96%
7d avg:+8.19%
Entry Spread Now
+0.000%
NeutralL 4,184.78 · S 4,184.79
24h range −0.03%…+0.01% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$19.27
−0.19%
$Avg Daily PnL
+$0.11
+0.0011%
★Best Day
+$0.19
Oct 9
◎Open Interest
⚡Funding APR
+0.39%
annualized · funding only
⚠Execution Cost
−$20.02
entry + exit fees
⏱Payback
6.2mo
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.