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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
7d Period Avg+2.97%
swing±5.54%
LONG Binance Futures · now
+10.96%
7d avg:+10.04%
SHORT grvt · nowMON_USDT_Perp
+10.96%
7d avg:+13.01%
Entry Spread Now
+0.080%
Eaten by executionL 0.02748 · S 0.02750+$8.01 if it converges
24h range −1.65%…+0.87% · median +0.06%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.010%/taker0.050%
Loading Funding History…
↗Total PnL
−$97.80
−0.98%
$Avg Daily PnL
+$0.95
+0.0095%
★Best Day
+$3.51
Sep 23
◎Open Interest
⚡Funding APR
+3.47%
annualized · funding only
⚠Execution Cost
−$104.46
entry + exit fees
⏱Payback
3.7mo
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 (−$104.46 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.