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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 ~0.8d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+87.92%
3d Period Avg−3.26%
swing±61.75%
LONG Crypto.com · nowERAUSD-PERP
−76.96%
3d avg:+13.25%
SHORT Binance Futures · now
+10.96%
3d avg:+9.99%
Entry Spread Now
−0.085%
Eaten by executionL 0.06654 · S 0.06649−$8.49 if it converges
24h range −0.27%…+0.48% · median −0.00%
Long pays every1hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$19.70
−0.20%
$Avg Daily PnL
+$0.10
+0.0010%
★Best Day
+$7.78
Sep 30
◎Open Interest
⚡Funding APR
+0.36%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
6.7mo
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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.