← Back to Screener
updated —ADA Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.3d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+46.52%
1d Period Avg+24.58%
swing±14.17%
LONG Backpack · nowADA_USDC_PERP
−35.12%
1d avg:−13.95%
SHORT Extended · now
+11.40%
1d avg:+10.63%
Entry Spread Now
+0.019%
NeutralL 0.1925 · S 0.1925
24h range −0.42%…+0.29% · median −0.03%
Long pays every1hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0%/taker0.025%
Loading Funding History…
↗Total PnL
−$9.31
−0.09%
$Avg Daily PnL
+$6.73
+0.0673%
★Best Day
+$5.06
Oct 31
◎Open Interest
Backpack$225.2K
Extended$321.7K⚡Funding APR
+24.56%
annualized · funding only
⚠Execution Cost
−$16.04
entry + exit fees
⏱Payback
2.4d
to break even
◧24h Volume
Backpack$328.2KExtended$1.97MLoading 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 (−$16.04 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.