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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 ~0.4d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+244.38%
3d Period Avg+0.23%
swing±23.69%
LONG Toobit · nowJPN225-SWAP-USDT
−321.19%
3d avg:−34.27%
SHORT Gate.io · now
−76.81%
3d avg:−34.04%
Entry Spread Now
−0.105%
Eaten by executionL 436.2200 · S 435.7600−$10.55 if it converges
24h range −0.66%…+0.18% · median −0.20%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker-0.010%/taker0.075%
Loading Funding History…
↗Total PnL
−$26.11
−0.26%
$Avg Daily PnL
+$0.30
+0.0030%
★Best Day
+$5.09
Sep 30
◎Open Interest
⚡Funding APR
+1.08%
annualized · funding only
⚠Execution Cost
−$27.00
entry + exit fees
⏱Payback
3.0mo
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 (−$27.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.