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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−26.32%
7d Period Avg+19.46%
swing±16.68%
LONG MEXC · now
−13.59%
7d avg:+0.40%
SHORT BloFin · now
−39.91%
7d avg:+19.86%
Entry Spread Now
−0.071%
Eaten by executionL 0.1131 · S 0.1130−$7.08 if it converges
24h range −0.49%…+0.37% · median −0.03%
Long pays every4hShort pays every4h
LONGmaker0%/taker0.020%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$21.29
+0.21%
$Avg Daily PnL
+$5.33
+0.0533%
★Best Day
+$7.93
Sep 26
◎Open Interest
⚡Funding APR
+19.44%
annualized · funding only
⚠Execution Cost
−$16.00
entry + exit fees
⏱Payback
3.0d
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 (−$16.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.