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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
−150.97%
3d Period Avg−19.55%
swing±40.85%
LONG Variational · now
+150.97%
3d avg:+24.30%
SHORT Bitget · now
+0.00%
3d avg:+4.75%
Entry Spread Now
+0.032%
Eaten by executionL 822.8585 · S 823.1200+$3.18 if it converges
24h range −0.27%…+0.18% · median +0.01%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$28.06
−0.28%
$Avg Daily PnL
−$5.35
−0.0535%
★Best Day
+$0.20
Sep 29
◎Open Interest
⚡Funding APR
−19.54%
annualized · funding only
⚠Execution Cost
−$12.00
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 (−$12.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.