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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
+0.00%
3d Period Avg+30.60%
swing±154.82%
LONG Bitget · now
+10.96%
3d avg:−5.98%
SHORT Toobit · nowBR-SWAP-USDT
+10.96%
3d avg:+24.62%
Entry Spread Now
−0.056%
Eaten by executionL 0.9506 · S 0.9501−$5.58 if it converges
24h range −0.97%…+0.33% · median −0.14%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$0.06
+0.00%
$Avg Daily PnL
+$7.98
+0.0798%
★Best Day
+$21.81
Sep 25
◎Open Interest
⚡Funding APR
+29.13%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
3.0d
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 (−$24.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.