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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
+0.00%
3d Period Avg−14.21%
swing±22.61%
LONG Binance Futures · now
+10.96%
3d avg:+27.05%
SHORT Variational · now
+10.96%
3d avg:+12.84%
Entry Spread Now
+0.420%
In your favorL 0.1953 · S 0.1961+$42.03 if it converges
24h range −0.62%…+0.53% · median +0.03%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$16.17
−0.16%
$Avg Daily PnL
−$2.06
−0.0206%
★Best Day
+$0.25
Sep 25
◎Open Interest
⚡Funding APR
−7.51%
annualized · funding only
⚠Execution Cost
−$10.00
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 (−$10.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.