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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 ~135d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.58%
3d Period Avg+0.97%
swing±3.85%
LONG Binance Futures · now
+8.55%
3d avg:+0.14%
SHORT Pionex · nowXRP_USDT_PERP
+9.13%
3d avg:+1.11%
Entry Spread Now
−0.063%
Against youL ask 1.4190 · S bid 1.4181−$6.34 at entry
24h range −0.15%…+0.12% · median +0.00%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$20.31
−0.20%
$Avg Daily PnL
+$0.37
+0.0037%
★Best Day
+$0.90
Oct 9
◎Open Interest
⚡Funding APR
+1.36%
annualized · funding only
⚠Execution Cost
−$21.42
entry + exit fees
⏱Payback
1.9mo
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 + live L2 orderbook slippage on both legs (−$21.42 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.