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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−2.95%
3d Period Avg+0.29%
swing±2.16%
LONG Variational · now
+10.96%
3d avg:+10.08%
SHORT Binance Futures · now
+8.00%
3d avg:+10.37%
Entry Spread Now
−0.203%
Against youL 1.8858 · S 1.8819−$20.29 if it converges
24h range −0.21%…+0.62% · median +0.05%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$9.77
−0.10%
$Avg Daily PnL
+$0.08
+0.0008%
★Best Day
+$0.52
Sep 27
◎Open Interest
⚡Funding APR
+0.29%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
4.3mo
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.