← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−106.07%
3d Period Avg+8.11%
swing±45.96%
LONG Phemex · now
+0.00%
3d avg:+0.00%
SHORT Lighter · now
−106.07%
3d avg:+8.11%
Entry Spread Now
−0.023%
Eaten by executionL 123.7000 · S 123.6720−$2.26 if it converges
24h range −0.14%…+0.15% · median +0.00%
Long pays every8hShort pays every1h
LONGmaker0.010%/taker0.060%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$74.83
−0.75%
$Avg Daily PnL
+$2.95
+0.0295%
★Best Day
+$7.48
Sep 25
◎Open Interest
⚡Funding APR
+10.76%
annualized · funding only
⚠Execution Cost
−$83.67
entry + exit fees
⏱Payback
28.4d
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 (−$83.67 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.