← Back to Screener
updated —MORPHO 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
+194.45%
3d Period Avg−183.06%
swing±283.78%
LONG N1 · now
−112.20%
3d avg:+218.77%
SHORT Crypto.com · nowMORPHOUSD-PERP
+82.24%
3d avg:+35.71%
Entry Spread Now
+0.397%
In your favorL 1.9161 · S 1.9237+$39.66 if it converges
24h range −0.29%…+1.30% · median +0.23%
Long pays every1hShort pays every1h
LONGmaker0.010%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$2.81
+0.03%
$Avg Daily PnL
+$7.60
+0.0760%
★Best Day
+$27.30
Nov 13
◎Open Interest
N1$577
Crypto.com$14.1K⚡Funding APR
+27.75%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
2.6d
to break even
◧24h Volume
N1$10.6KCrypto.com$347Loading 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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.