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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 ~70d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+1.05%
3d Period Avg−1.55%
swing±4.07%
LONG Lighter Robinhood · nowORCL-USDG
+3.51%
3d avg:+3.76%
SHORT QFEX · now
+4.56%
3d avg:+2.21%
Entry Spread Now
−0.055%
Eaten by executionL 137.4400 · S 137.3650−$5.46 if it converges
24h range −0.17%…+0.30% · median +0.05%
Long pays every1hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.050%/taker0.100%
Loading Funding History…
↗Total PnL
−$21.28
−0.21%
$Avg Daily PnL
−$0.43
−0.0043%
★Best Day
+$0.81
Sep 25
◎Open Interest
⚡Funding APR
−1.55%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
never
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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.