← 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 ~2.3d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+94.67%
3d Period Avg+73.38%
swing±15.57%
LONG Hotcoin · now
−13.15%
3d avg:−9.48%
SHORT Coinbase International · nowENA-PERP
+81.52%
3d avg:+63.90%
Entry Spread Now
−0.036%
Against youL ask 0.2796 · S bid 0.2794−$3.58 at entry
24h range −1.39%…+1.80% · median +0.22%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.040%
Loading Funding History…
↗Total PnL
+$1.51
+0.02%
$Avg Daily PnL
+$15.15
+0.1515%
★Best Day
+$20.25
Sep 25
◎Open Interest
Hotcoin$10.61M
Coinbase International$1.10M⚡Funding APR
+55.29%
annualized · funding only
⚠Execution Cost
−$59.08
entry + exit fees
⏱Payback
3.9d
to break even
◧24h Volume
Hotcoin$67.62MCoinbase International$1.87MLoading 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 (−$59.08 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.