← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.6d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+64.92%
7d Period Avg+3.14%
swing±27.58%
LONG Backpack · nowJUP_USDC_PERP
−69.32%
7d avg:+0.38%
SHORT Binance Futures · now
−4.40%
7d avg:+3.52%
Entry Spread Now
+0.125%
Eaten by executionL 0.3576 · S 0.3580+$12.51 if it converges
24h range −0.83%…+0.70% · median +0.06%
Long pays every1hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$15.49
−0.15%
$Avg Daily PnL
+$1.78
+0.0178%
★Best Day
+$13.80
Oct 10
◎Open Interest
Backpack$730.0K
Binance Futures$19.97M⚡Funding APR
+6.49%
annualized · funding only
⚠Execution Cost
−$27.95
entry + exit fees
⏱Payback
15.7d
to break even
◧24h Volume
Backpack$911.6KBinance Futures$25.58MLoading 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 (−$27.95 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.