← Back to Screener
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
+0.00%
3d Period Avg+12.72%
swing±27.30%
LONG Phemex · now
+0.00%
3d avg:+0.00%
SHORT Variational · now
+0.00%
3d avg:+12.72%
Entry Spread Now
+0.007%
NeutralL 88.4400 · S 88.4463
24h range −0.22%…+0.11% · median −0.02%
Long pays every4hShort pays every8h
LONGmaker0.010%/taker0.060%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$1.55
−0.02%
$Avg Daily PnL
+$3.48
+0.0348%
★Best Day
+$9.22
Sep 25
◎Open Interest
⚡Funding APR
+12.71%
annualized · funding only
⚠Execution Cost
−$12.00
entry + exit fees
⏱Payback
3.5d
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.