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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 ~0.8d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+167.75%
3d Period Avg+81.02%
swing±150.04%
LONG Toobit · nowBTW-SWAP-USDT
−73.53%
3d avg:−5.29%
SHORT Binance Futures · now
+94.22%
3d avg:+75.73%
Entry Spread Now
+0.053%
Eaten by executionL 1.2203 · S 1.2209+$5.25 if it converges
24h range −2.35%…+0.36% · median −0.01%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$29.42
+0.29%
$Avg Daily PnL
+$22.18
+0.2218%
★Best Day
+$31.71
Sep 25
◎Open Interest
⚡Funding APR
+80.96%
annualized · funding only
⚠Execution Cost
−$37.12
entry + exit fees
⏱Payback
1.7d
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 (−$37.12 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.