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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 ~1.1d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+40.21%
3d Period Avg−1.25%
swing±3.76%
LONG Variational · now
+0.00%
3d avg:+1.25%
SHORT Bitget · now
+40.21%
3d avg:+0.00%
Entry Spread Now
+0.031%
Eaten by executionL 358.7395 · S 358.8500+$3.08 if it converges
24h range −0.17%…+0.36% · median +0.02%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$13.03
−0.13%
$Avg Daily PnL
−$0.34
−0.0034%
★Best Day
+$0.00
Sep 28
◎Open Interest
⚡Funding APR
−1.25%
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.