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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 ~22d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+3.67%
3d Period Avg−1.33%
swing±3.90%
LONG BloFin · now
+7.29%
3d avg:+12.04%
SHORT Binance Futures · now
+10.96%
3d avg:+10.71%
Entry Spread Now
+0.039%
Eaten by executionL 0.1246 · S 0.1246+$3.88 if it converges
24h range −0.41%…+0.20% · median +0.04%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$23.09
−0.23%
$Avg Daily PnL
−$0.36
−0.0036%
★Best Day
+$0.08
Sep 28
◎Open Interest
⚡Funding APR
−1.33%
annualized · funding only
⚠Execution Cost
−$22.00
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.