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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 ~0.2d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+481.39%
3d Period Avg−16.60%
swing±30.53%
LONG OKX · nowNMR-USDT-SWAP
−1356.58%
3d avg:+26.29%
SHORT Toobit · nowNMR-SWAP-USDT
−875.18%
3d avg:+9.69%
Entry Spread Now
−0.104%
Eaten by executionL 16.3180 · S 16.3010−$10.42 if it converges
24h range −4.14%…+8.24% · median +0.04%
Long pays every1hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Sparse settlements: long 19%, short 78% of expected. KPIs may be noisy.
Loading Funding History…
↗Total PnL
−$21.86
−0.22%
$Avg Daily PnL
+$0.66
+0.0066%
★Best Day
+$1.60
Oct 4
◎Open Interest
⚡Funding APR
+2.42%
annualized · funding only
⚠Execution Cost
−$23.85
entry + exit fees
⏱Payback
1.2mo
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 (−$23.85 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.