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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 ~1.4d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+65.09%
30d Period Avg−3.61%
swing±39.34%
LONG Binance Futures · now
+10.96%
30d avg:+1.55%
SHORT Gate.io · now
+76.05%
30d avg:−2.06%
Entry Spread Now
+0.029%
Eaten by executionL 0.3490 · S 0.3491+$2.87 if it converges
24h range −0.44%…+0.21% · median −0.06%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker-0.010%/taker0.075%
Loading Funding History…
↗Total PnL
−$53.03
−0.53%
$Avg Daily PnL
−$0.93
−0.0093%
★Best Day
+$9.20
Sep 5
◎Open Interest
⚡Funding APR
−3.41%
annualized · funding only
⚠Execution Cost
−$25.00
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 (−$25.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.