← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
7d Period Avg+1.30%
swing±6.36%
LONG Binance Futures · now
+0.00%
7d avg:+4.48%
SHORT Phemex · now
+0.00%
7d avg:+5.78%
Entry Spread Now
−0.001%
NeutralL ask 776.6200 · S bid 776.6100
24h range −0.04%…+0.07% · median +0.00%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.010%/taker0.060%
Loading Funding History…
↗Total PnL
−$19.94
−0.20%
$Avg Daily PnL
+$0.63
+0.0063%
★Best Day
+$2.55
Sep 25
◎Open Interest
⚡Funding APR
+2.29%
annualized · funding only
⚠Execution Cost
−$24.33
entry + exit fees
⏱Payback
1.3mo
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 + live L2 orderbook slippage on both legs (−$24.33 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.