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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
−5.10%
3d Period Avg−0.73%
swing±3.56%
LONG BloFin · now
+16.06%
3d avg:+11.69%
SHORT Binance Futures · now
+10.96%
3d avg:+10.96%
Entry Spread Now
−0.033%
Eaten by executionL 0.03072 · S 0.03071−$3.26 if it converges
24h range −0.90%…+0.60% · median +0.02%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$22.60
−0.23%
$Avg Daily PnL
−$0.20
−0.0020%
★Best Day
−$0.09
Oct 1
◎Open Interest
⚡Funding APR
−0.73%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
never
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.