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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg−16.09%
swing±41.22%
LONG Variational · now
+10.96%
3d avg:−24.78%
SHORT BingX · now
+10.96%
3d avg:−40.87%
Entry Spread Now
+0.100%
In your favorL 0.003514 · S 0.003518+$9.96 if it converges
24h range −0.35%…+0.54% · median +0.04%
Long pays every8hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$23.22
−0.23%
$Avg Daily PnL
−$4.41
−0.0441%
★Best Day
+$0.00
Oct 1
◎Open Interest
⚡Funding APR
−16.08%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
never
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.