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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+34.49%
swing±29.74%
LONG Binance Futures · now
+10.96%
3d avg:+10.96%
SHORT Toobit · nowNOM-SWAP-USDT
+10.96%
3d avg:+45.45%
Entry Spread Now
−0.044%
Eaten by executionL 0.002261 · S 0.002260−$4.42 if it converges
24h range −1.19%…+1.15% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$4.76
+0.05%
$Avg Daily PnL
+$8.92
+0.0892%
★Best Day
+$10.47
Sep 26
◎Open Interest
⚡Funding APR
+32.56%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
2.5d
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.