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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 ~0.6d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+135.66%
3d Period Avg+19.55%
swing±23.98%
LONG Binance Futures · now
+21.33%
3d avg:+22.12%
SHORT Toobit · nowPIEVERSE-SWAP-USDT
+156.99%
3d avg:+41.67%
Entry Spread Now
+0.161%
In your favorL 1.5251 · S 1.5276+$16.10 if it converges
24h range −0.93%…+0.94% · median +0.01%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$7.38
−0.07%
$Avg Daily PnL
+$4.87
+0.0487%
★Best Day
+$10.53
Sep 26
◎Open Interest
⚡Funding APR
+17.78%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
4.5d
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.