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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
+112.42%
3d Period Avg+3.31%
swing±9.93%
LONG Variational · now
+0.00%
3d avg:+0.00%
SHORT Bitget · now
+112.42%
3d avg:+3.31%
Entry Spread Now
−0.044%
Eaten by executionL 201.7090 · S 201.6200−$4.41 if it converges
24h range −0.42%…+0.29% · median +0.04%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$9.28
−0.09%
$Avg Daily PnL
+$0.91
+0.0091%
★Best Day
+$2.72
Sep 29
◎Open Interest
⚡Funding APR
+3.31%
annualized · funding only
⚠Execution Cost
−$12.00
entry + exit fees
⏱Payback
13.2d
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 (−$12.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.