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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
−5.12%
30d Period Avg−0.74%
swing±6.34%
LONG BloFin · now
+16.08%
30d avg:+11.54%
SHORT Binance Futures · now
+10.96%
30d avg:+10.80%
Entry Spread Now
−0.017%
NeutralL 0.2849 · S 0.2849
24h range −0.75%…+0.69% · median +0.01%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$28.07
−0.28%
$Avg Daily PnL
−$0.20
−0.0020%
★Best Day
+$1.04
Sep 10
◎Open Interest
⚡Funding APR
−0.74%
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.