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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 ~0.4d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+94.17%
3d Period Avg+123.12%
swing±82.70%
LONG Variational · now
+4.05%
3d avg:−6.16%
SHORT dYdX · now
+98.22%
3d avg:+116.96%
Entry Spread Now
−0.018%
NeutralL 331.2985 · S 331.2385
24h range −0.18%…+1.75% · median +0.07%
Long pays every8hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.010%/taker0.050%
Loading Funding History…
↗Total PnL
+$86.19
+0.86%
$Avg Daily PnL
+$32.06
+0.3206%
★Best Day
+$33.62
Sep 25
◎Open Interest
⚡Funding APR
+117.03%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
7.4h
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.