← Back to Screener
updated 6:57:42 PMFunding Arbitrage Backtester
Size$
R-trip cost
Funding ArbitrageLooking at price convergence? → /price-pair
Net Funding APR · Now
+65.96%
3d Avg—
LONG Paradex
−43.18%
3d: —
SHORT Backpack
+22.78%
3d: —
Long pays every8hShort pays every1h
LONGmaker0.010%/taker0.030%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$17.33
+0.17%
$Avg Daily PnL
+$11.42
+0.1142%
★Best Day
+$18.12
May 18
◎Open Interest
Paradex$37.0K
Backpack$471.7K⚡APR
+15.82%
annualized
⚠Execution Cost
−$28.36
entry + exit fees
⏱Payback
2.5d
to break even
◧24h Volume
Paradex$7.9KBackpack$528.7KLoading 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 (−$28.36 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.