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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 ~8.9d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+3.29%
7d Period Avg+7.58%
swing±7.84%
LONG Variational · now
+7.66%
7d avg:+2.91%
SHORT Aster · now
+10.96%
7d avg:+10.49%
Entry Spread Now
+0.038%
Eaten by executionL 154.6615 · S 154.7200+$3.78 if it converges
24h range −0.21%…+0.37% · median +0.02%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
+$6.54
+0.07%
$Avg Daily PnL
+$2.08
+0.0208%
★Best Day
+$3.31
Sep 25
◎Open Interest
⚡Funding APR
+7.58%
annualized · funding only
⚠Execution Cost
−$8.00
entry + exit fees
⏱Payback
3.9d
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 (−$8.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.