β Back to Screener
updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding never covers this cost
β Slippage not modeled β actual cost may differ
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
+0.00%
7d Period Avgβ4.12%
swingΒ±17.40%
LONG Pionex Β· nowPONS_USDT_PERP
+10.96%
7d avg:+23.36%
SHORT Binance Futures Β· now
+10.96%
7d avg:+19.24%
Entry Spread Now
β0.499%
Against youL 0.3605 Β· S 0.3587β$49.93 if it converges
24h range β0.38%β¦+0.69% Β· median +0.03%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding Historyβ¦
βTotal PnL
β$27.91
β0.28%
$Avg Daily PnL
β$1.13
β0.0113%
β
Best Day
+$1.38
Oct 10
βOpen Interest
Pionex$644.9K
Binance Futures$34.41Mβ‘Funding APR
β4.12%
annualized Β· funding only
β Execution Cost
β$20.00
entry + exit fees
β±Payback
never
to break even
β§24h Volume
Pionex$566.5KBinance Futures$24.93MLoading Cumulative PnLβ¦
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 (β$20.00 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.