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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~3.6d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+10.22%
7d Period Avg+14.39%
swing±14.95%
LONG Variational · now
+0.74%
7d avg:−7.46%
SHORT Binance Futures · now
+10.96%
7d avg:+6.93%
Entry Spread Now
−0.149%
Against youL 0.09477 · S 0.09462−$14.88 if it converges
24h range −0.39%…+0.41% · median +0.02%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$17.58
+0.18%
$Avg Daily PnL
+$3.94
+0.0394%
★Best Day
+$7.08
Sep 24
◎Open Interest
⚡Funding APR
+14.38%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
2.5d
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.