← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg−2.79%
swing±8.68%
LONG Backpack · nowPAXG_USDC_PERP
+10.96%
3d avg:+8.77%
SHORT Binance Futures · now
+10.96%
3d avg:+5.98%
Entry Spread Now
+0.021%
Eaten by executionL 4,185.46 · S 4,186.34+$2.10 if it converges
24h range −0.01%…+0.03% · median +0.01%
Long pays every1hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$22.98
−0.23%
$Avg Daily PnL
−$0.99
−0.0099%
★Best Day
+$0.25
Oct 11
◎Open Interest
⚡Funding APR
−3.60%
annualized · funding only
⚠Execution Cost
−$20.02
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 (−$20.02 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.