← Back to Screener
updated 6:36:27 PMFunding Arbitrage Backtester
Size$
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
+56.50%
7d Period Avg+148.76%
LONG Backpack · nowCC_USDC_PERP
−17.06%
7d avg:−122.99%
SHORT BloFin · now
+39.44%
7d avg:+25.77%
Entry Spread Now
+0.011%
NeutralL 0.09083 · S 0.09084
24h range −0.16%…+0.11% · median +0.02%
Long pays every1hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$263.93
+2.64%
$Avg Daily PnL
+$35.74
+0.3574%
★Best Day
+$49.97
Aug 11
◎Open Interest
Backpack$119.3K
BloFin$584.1K⚡Funding APR
+130.46%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
14.9h
to break even
◧24h Volume
Backpack$15.9KBloFin$65.0KLoading 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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.