← Back to Screener
updated —ARB Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~5.6d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+17.18%
7d Period Avg+7.94%
swing±7.89%
LONG Variational · now
−6.22%
7d avg:+1.10%
SHORT Phemex · now
+10.96%
7d avg:+9.04%
Entry Spread Now
+0.214%
In your favorL 0.1399 · S 0.1402+$21.44 if it converges
24h range −0.32%…+0.55% · median +0.11%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.010%/taker0.060%
Loading Funding History…
↗Total PnL
−$11.05
−0.11%
$Avg Daily PnL
+$2.18
+0.0218%
★Best Day
+$4.69
Nov 10
◎Open Interest
Variational$910.4K
Phemex$5.18M⚡Funding APR
+7.94%
annualized · funding only
⚠Execution Cost
−$26.28
entry + exit fees
⏱Payback
12.1d
to break even
◧24h Volume
Variational$356.9KPhemex$5.98MLoading 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 (−$26.28 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.