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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.8d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+33.01%
3d Period Avg+2.44%
swing±25.41%
LONG MEXC · now
+22.35%
3d avg:+24.74%
SHORT Toobit · nowNIGHT-SWAP-USDT
+55.36%
3d avg:+27.18%
Entry Spread Now
−0.020%
Eaten by executionL 0.04938 · S 0.04937−$2.03 if it converges
24h range −1.35%…+0.49% · median −0.02%
Long pays every4hShort pays every4h
LONGmaker0%/taker0.020%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$14.00
−0.14%
$Avg Daily PnL
+$0.67
+0.0067%
★Best Day
+$8.41
Oct 11
◎Open Interest
⚡Funding APR
+2.44%
annualized · funding only
⚠Execution Cost
−$16.00
entry + exit fees
⏱Payback
24.0d
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 (−$16.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.