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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
+0.00%
3d Period Avg−4.94%
swing±14.82%
LONG Variational · now
+0.00%
3d avg:+4.94%
SHORT Bitget · now
+0.00%
3d avg:+0.00%
Entry Spread Now
−0.026%
Eaten by executionL 229.1285 · S 229.0700−$2.55 if it converges
24h range −0.21%…+0.10% · median −0.01%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$16.06
−0.16%
$Avg Daily PnL
−$1.35
−0.0135%
★Best Day
+$0.00
Sep 28
◎Open Interest
⚡Funding APR
−4.94%
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.