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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 ~22d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+4.21%
7d Period Avg+3.60%
swing±7.44%
LONG Gate.io · now
−5.48%
7d avg:−0.07%
SHORT Binance Futures · now
−1.27%
7d avg:+3.53%
Entry Spread Now
−0.093%
Eaten by executionL 2.1590 · S 2.1570−$9.26 if it converges
24h range −0.32%…+0.42% · median +0.03%
Long pays every8hShort pays every8h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$18.11
−0.18%
$Avg Daily PnL
+$0.98
+0.0098%
★Best Day
+$2.99
Oct 6
◎Open Interest
⚡Funding APR
+3.59%
annualized · funding only
⚠Execution Cost
−$25.00
entry + exit fees
⏱Payback
25.4d
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 (−$25.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.