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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−4.52%
30d Period Avg−3.77%
swing±24.81%
LONG Binance Futures · now
+10.96%
30d avg:+32.43%
SHORT BloFin · now
+6.44%
30d avg:+28.66%
Entry Spread Now
+0.059%
Eaten by executionL 0.6714 · S 0.6718+$5.91 if it converges
24h range −0.52%…+0.52% · median −0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$28.87
−0.29%
$Avg Daily PnL
−$0.23
−0.0023%
★Best Day
+$1.08
Sep 21
◎Open Interest
⚡Funding APR
−0.84%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
never
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.