← 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 ~0.3d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+201.01%
3d Period Avg+84.09%
swing±85.18%
LONG Meridian · now
−200.14%
3d avg:−74.57%
SHORT Extended · now
+0.88%
3d avg:+9.52%
Entry Spread Now
−0.122%
Against youL ask 0.1880 · S bid 0.1878−$12.23 at entry
24h range −0.61%…+0.47% · median −0.08%
Long pays every1hShort pays every1h
LONGmaker0%/taker0.030%SHORTmaker0%/taker0.025%
Loading Funding History…
↗Total PnL
+$39.02
+0.39%
$Avg Daily PnL
+$19.07
+0.1907%
★Best Day
+$48.39
Oct 17
◎Open Interest
Meridian$67.7K
Extended$363.6K⚡Funding APR
+69.59%
annualized · funding only
⚠Execution Cost
−$18.18
entry + exit fees
⏱Payback
22.8h
to break even
◧24h Volume
Meridian$69.1KExtended$912.4KLoading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (−$18.18 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.