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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 ~1.7d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+21.44%
3d Period Avg+20.90%
swing±31.31%
LONG Variational · now
+10.96%
3d avg:+24.19%
SHORT Binance Futures · now
+32.39%
3d avg:+45.09%
Entry Spread Now
−0.278%
Against youL 0.5747 · S 0.5731−$27.84 if it converges
24h range −1.29%…+0.71% · median +0.05%
Long pays every4hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$7.16
+0.07%
$Avg Daily PnL
+$5.72
+0.0572%
★Best Day
+$5.62
Sep 25
◎Open Interest
⚡Funding APR
+20.88%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
1.8d
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 (−$10.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.