← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
ⓘSlippage estimate may be inaccurate (thin orderbook or partial fill)
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+4.21%
swing±9.91%
LONG Phemex · now
+0.00%
3d avg:+0.00%
SHORT Variational · now
+0.00%
3d avg:+4.21%
Entry Spread Now
+0.015%
NeutralL 161.2500 · S 161.2740
24h range −0.18%…+0.17% · median −0.03%
Long pays every4hShort pays every8h
LONGmaker0.010%/taker0.060%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$108.37
−1.08%
$Avg Daily PnL
+$1.15
+0.0115%
★Best Day
+$3.46
Sep 25
◎Open Interest
⚡Funding APR
+4.20%
annualized · funding only
⚠Execution Cost
−$111.83
entry + exit fees
⏱Payback
3.2mo
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 (−$111.83 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.