← 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 ~1.0d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+70.79%
30d Period Avg+37.53%
swing±47.92%
LONG Backpack · nowOP_USDC_PERP
−2.22%
30d avg:−21.89%
SHORT HTX · now
+68.57%
30d avg:+15.64%
Entry Spread Now
+0.579%
In your favorL 0.1303 · S 0.1311+$57.94 if it converges
24h range −0.42%…+1.40% · median +0.50%
Long pays every1hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$277.55
+2.78%
$Avg Daily PnL
+$9.92
+0.0992%
★Best Day
+$34.77
Sep 24
◎Open Interest
Backpack$171.0K
HTX$227.4K⚡Funding APR
+36.20%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
2.0d
to break even
◧24h Volume
Backpack$164.2KHTX$146.1KLoading 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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.