← Back to Screener
updated 9:32:36 PMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.7d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+38.45%
1d Period Avg+17.99%
LONG Hotcoin · now
−14.78%
1d avg:+1.89%
SHORT Reya · nowETHRUSDPERP
+23.67%
1d avg:+19.88%
Entry Spread Now
−0.076%
Eaten by executionL 1,906.42 · S 1,904.97−$7.60 if it converges
24h range −0.19%…−0.03% · median −0.09%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.060%SHORTmaker0.010%/taker0.030%
Loading Funding History…
↗Total PnL
−$13.88
−0.14%
$Avg Daily PnL
+$2.14
+0.0214%
★Best Day
+$4.14
Aug 17
◎Open Interest
Hotcoin$325.79M
Reya$2.59M⚡Funding APR
+7.80%
annualized · funding only
⚠Execution Cost
−$18.16
entry + exit fees
⏱Payback
8.5d
to break even
◧24h Volume
Hotcoin—Reya$342.0KLoading 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 (−$18.16 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.