← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~2.9d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+422.66%
30d Period Avg+74.08%
swing±127.65%
LONG Phemex · now
+10.96%
30d avg:+7.14%
SHORT dYdX · now
+433.62%
30d avg:+81.22%
Entry Spread Now
+0.658%
In your favorL ask 0.5017 · S bid 0.5050+$65.78 at entry
24h range −0.12%…+0.35% · median +0.00%
Long pays every4hShort pays every1h
LONGmaker0.010%/taker0.060%SHORTmaker0.010%/taker0.050%
Loading Funding History…
↗Total PnL
+$219.14
+2.19%
$Avg Daily PnL
+$18.48
+0.1848%
★Best Day
+$70.17
Sep 27
◎Open Interest
Phemex$3.94M
dYdX$278.8K⚡Funding APR
+67.47%
annualized · funding only
⚠Execution Cost
−$335.37
entry + exit fees
⏱Payback
18.1d
to break even
◧24h Volume
Phemex$9.17MdYdX$56.2KLoading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (−$335.37 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.