← 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 ~2.3d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+13.35%
7d Period Avg+8.90%
swing±6.85%
LONG NADO · nowETH-PERP
−2.39%
7d avg:−1.08%
SHORT Variational · now
+10.96%
7d avg:+7.82%
Entry Spread Now
−0.080%
Against youL ask 1,909.37 · S bid 1,907.84−$8.01 at entry
24h range −0.33%…+0.23% · median −0.08%
Long pays every1hShort pays every8h
LONGmaker0.010%/taker0.035%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
+$6.89
+0.07%
$Avg Daily PnL
+$2.19
+0.0219%
★Best Day
+$3.42
Nov 12
◎Open Interest
NADO$4.85M
Variational$88.50M⚡Funding APR
+7.98%
annualized · funding only
⚠Execution Cost
−$8.41
entry + exit fees
⏱Payback
3.9d
to break even
◧24h Volume
NADO$73.29MVariational$131.12MLoading 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 (−$8.41 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.