← 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 ~2.9d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+38.34%
3d Period Avg+34.69%
swing±6.61%
LONG Pionex · nowLINK_USDT_PERP
+5.22%
3d avg:+7.32%
SHORT Phemex · now
+43.56%
3d avg:+42.01%
Entry Spread Now
+0.164%
In your favorL ask 14.0250 · S bid 14.0480+$16.40 at entry
24h range −0.02%…+0.29% · median +0.14%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.010%/taker0.060%
Loading Funding History…
↗Total PnL
−$1.52
−0.02%
$Avg Daily PnL
+$9.50
+0.0950%
★Best Day
+$10.06
Sep 27
◎Open Interest
Pionex$2.69M
Phemex$21.14M⚡Funding APR
+34.67%
annualized · funding only
⚠Execution Cost
−$30.02
entry + exit fees
⏱Payback
3.2d
to break even
◧24h Volume
Pionex$2.50MPhemex$8.88MLoading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (−$30.02 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.