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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 ~3.2d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+11.50%
3d Period Avg+18.32%
swing±10.59%
LONG Variational · now
−0.54%
3d avg:−9.21%
SHORT Binance Futures · now
+10.96%
3d avg:+9.11%
Entry Spread Now
−0.489%
Against youL 0.8697 · S 0.8654−$48.87 if it converges
24h range −0.51%…+0.45% · median +0.03%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$5.05
+0.05%
$Avg Daily PnL
+$5.02
+0.0502%
★Best Day
+$7.86
Sep 26
◎Open Interest
⚡Funding APR
+18.31%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
2.0d
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 (−$10.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.