← 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 ~45d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.33%
7d Period Avg+1.90%
swing±7.98%
LONG Paradex · nowETH-USD-PERP
+9.26%
7d avg:+3.58%
SHORT Variational · now
+9.59%
7d avg:+5.48%
Entry Spread Now
−0.011%
Against youL ask 2,447.22 · S bid 2,446.95−$1.10 at entry
24h range −0.43%…+0.30% · median −0.04%
Long pays every8hShort pays every8h
LONGmaker0%/taker0.007%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$1.11
−0.01%
$Avg Daily PnL
+$0.43
+0.0043%
★Best Day
+$1.84
Oct 9
◎Open Interest
Paradex$1.74M
Variational$147.93M⚡Funding APR
+1.56%
annualized · funding only
⚠Execution Cost
−$4.11
entry + exit fees
⏱Payback
9.6d
to break even
◧24h Volume
Paradex$3.14MVariational$442.00MLoading 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 (−$4.11 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.