← Back to Screener
updated —ETH Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.5d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+65.58%
3d Period Avg+20.00%
swing±48.48%
LONG Hibachi · nowETH/USDT-P
−16.66%
3d avg:−0.67%
SHORT Perpl · now
+48.93%
3d avg:+19.33%
Entry Spread Now
−0.002%
NeutralL ask 1,907.82 · S bid 1,907.78
24h range −0.26%…+0.55% · median −0.01%
Long pays every1hShort pays every1h
LONGmaker0%/taker0.045%SHORTmaker0.050%/taker0.088%
Loading Funding History…
↗Total PnL
−$9.50
−0.09%
$Avg Daily PnL
+$5.52
+0.0552%
★Best Day
+$8.64
Nov 13
◎Open Interest
Hibachi$115.0K
Perpl$67.7K⚡Funding APR
+20.16%
annualized · funding only
⚠Execution Cost
−$26.07
entry + exit fees
⏱Payback
4.7d
to break even
◧24h Volume
Hibachi$245.4KPerpl$3.89MLoading 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 (−$26.07 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.