← Back to Screener
updated —MRNA Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+110.51%
3d Period Avg−3.66%
swing±71.40%
LONG edgeX V2 · now
−47.32%
3d avg:+20.82%
SHORT Phoenix · now
+63.20%
3d avg:+17.16%
Entry Spread Now
−0.045%
Eaten by executionL 222.0389 · S 221.9400−$4.45 if it converges
24h range −1.74%…+3.09% · median −0.04%
Long pays every4hShort pays every1h
LONGmaker0.018%/taker0.038%SHORTmaker0.005%/taker0.035%
Loading Funding History…
↗Total PnL
−$17.61
−0.18%
$Avg Daily PnL
−$1.00
−0.0100%
★Best Day
+$11.04
Nov 14
◎Open Interest
edgeX V2$15.3K
Phoenix$60.2K⚡Funding APR
−3.66%
annualized · funding only
⚠Execution Cost
−$14.60
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
edgeX V2$332.9KPhoenix—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 (−$14.60 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.