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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 ~0.2d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+233.06%
30d Period Avg−8.78%
swing±74.23%
LONG Variational · now
−14.39%
30d avg:+18.53%
SHORT Toobit · now2Z-SWAP-USDT
+218.67%
30d avg:+9.75%
Entry Spread Now
−0.386%
Against youL 0.06735 · S 0.06709−$38.60 if it converges
24h range −2.67%…+0.24% · median −0.26%
Long pays every1hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$78.73
−0.79%
$Avg Daily PnL
−$2.22
−0.0222%
★Best Day
+$29.08
Sep 15
◎Open Interest
⚡Funding APR
−8.12%
annualized · funding only
⚠Execution Cost
−$12.00
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 (−$12.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.