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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 ~117d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+1.66%
7d Period Avg+9.78%
swing±10.24%
LONG Binance Futures · now
−9.65%
7d avg:+0.82%
SHORT HTX · now
−7.99%
7d avg:+10.60%
Entry Spread Now
−0.057%
Eaten by executionL 0.1370 · S 0.1369−$5.67 if it converges
24h range −0.28%…+0.23% · median +0.03%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$31.26
−0.31%
$Avg Daily PnL
+$3.15
+0.0315%
★Best Day
+$5.66
Oct 10
◎Open Interest
⚡Funding APR
+11.51%
annualized · funding only
⚠Execution Cost
−$53.33
entry + exit fees
⏱Payback
16.9d
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 (−$53.33 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.