← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.1d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+1649.32%
30d Period Avg+4.77%
swing±17.86%
LONG Phemex · nowu1000PEPEUSDT
+10.96%
30d avg:+3.87%
SHORT Coinbase International · now1000PEPE-PERP
+1660.28%
30d avg:+8.64%
Entry Spread Now
+4.982%
In your favorL 0.004331 · S 0.004547+$498.25 if it converges
24h range −3.39%…+5.05% · median +0.07%
Long pays every8hShort pays every1h
LONGmaker0.010%/taker0.060%SHORTmaker0.020%/taker0.040%
Loading Funding History…
↗Total PnL
−$2.15
−0.02%
$Avg Daily PnL
+$1.24
+0.0124%
★Best Day
+$6.95
Sep 30
◎Open Interest
Phemex$2.51M
Coinbase International$357.5K⚡Funding APR
+4.52%
annualized · funding only
⚠Execution Cost
−$39.29
entry + exit fees
⏱Payback
1.1mo
to break even
◧24h Volume
Phemex$4.69MCoinbase International$1.69MLoading 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 (−$39.29 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.