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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 ~1.1d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+31.80%
7d Period Avg+19.45%
swing±15.33%
LONG Variational · now
−21.22%
7d avg:−11.80%
SHORT Binance Futures · now
+10.58%
7d avg:+7.65%
Entry Spread Now
+0.096%
In your favorL 3.1081 · S 3.1111+$9.61 if it converges
24h range −0.28%…+0.35% · median +0.04%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$27.27
+0.27%
$Avg Daily PnL
+$5.32
+0.0532%
★Best Day
+$7.58
Sep 21
◎Open Interest
⚡Funding APR
+19.43%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
1.9d
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.