← Back to Screener
updated —AVAX Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~564d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.26%
3d Period Avg−1.96%
swing±7.19%
LONG Phemex · now
−11.53%
3d avg:−1.51%
SHORT Aster · now
−11.27%
3d avg:−3.47%
Entry Spread Now
−0.050%
Against youL ask 7.9900 · S bid 7.9860−$5.01 at entry
24h range −0.20%…+0.29% · median +0.00%
Long pays every8hShort pays every8h
LONGmaker0.010%/taker0.060%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
−$41.80
−0.42%
$Avg Daily PnL
−$0.54
−0.0054%
★Best Day
+$0.84
Nov 11
◎Open Interest
Phemex$23.46M
Aster$1.76M⚡Funding APR
−1.96%
annualized · funding only
⚠Execution Cost
−$40.19
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
Phemex$3.86MAster$562.2KLoading 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 (−$40.19 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.