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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 ~14d
ⓘSlippage estimate may be inaccurate (thin orderbook or partial fill)
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+37.25%
3d Period Avg+19.28%
swing±27.43%
LONG Variational · now
+0.00%
3d avg:+0.00%
SHORT Crypto.com · nowCRWVUSD-PERP
+37.25%
3d avg:+19.28%
Entry Spread Now
−0.042%
Eaten by executionL 88.4471 · S 88.4100−$4.19 if it converges
24h range −0.66%…+0.35% · median −0.04%
Long pays every8hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$125.93
−1.26%
$Avg Daily PnL
+$5.50
+0.0550%
★Best Day
+$6.46
Sep 30
◎Open Interest
⚡Funding APR
+20.06%
annualized · funding only
⚠Execution Cost
−$142.42
entry + exit fees
⏱Payback
25.9d
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 (−$142.42 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.