← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.7d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+59.36%
1d Period Avg+65.66%
swing±10.69%
LONG Variational · now
−1.50%
1d avg:−6.13%
SHORT Coinbase International · nowAVAX-PERP
+57.86%
1d avg:+59.53%
Entry Spread Now
+0.089%
In your favorL ask 10.7724 · S bid 10.7820+$8.91 at entry
24h range −0.14%…+0.86% · median +0.21%
Long pays every8hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.040%
Loading Funding History…
↗Total PnL
−$10.35
−0.10%
$Avg Daily PnL
+$17.80
+0.1780%
★Best Day
+$17.25
Sep 27
◎Open Interest
Variational$2.83M
Coinbase International$910.3K⚡Funding APR
+64.96%
annualized · funding only
⚠Execution Cost
−$28.15
entry + exit fees
⏱Payback
1.6d
to break even
◧24h Volume
Variational$2.35MCoinbase International$1.91MLoading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (−$28.15 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.