← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~2.6d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+60.01%
30d Period Avg+9.46%
swing±31.48%
LONG Variational · now
−27.68%
30d avg:+2.65%
SHORT Hotcoin · now
+32.32%
30d avg:+12.11%
Entry Spread Now
+0.196%
Eaten by executionL 0.02293 · S 0.02297+$19.63 if it converges
24h range −0.09%…+0.89% · median +0.20%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$35.18
+0.35%
$Avg Daily PnL
+$2.59
+0.0259%
★Best Day
+$35.81
Sep 30
◎Open Interest
Variational$10.0K
Hotcoin$105.3K⚡Funding APR
+9.45%
annualized · funding only
⚠Execution Cost
−$42.52
entry + exit fees
⏱Payback
16.4d
to break even
◧24h Volume
Variational$406Hotcoin$267.5KLoading 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 (−$42.52 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.