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updated 8:33:26 PMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~24d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+3.62%
3d Period Avg+9.04%
LONG Toobit · nowSMH-SWAP-USDT
−3.81%
3d avg:−9.23%
SHORT Bitunix · now
−0.19%
3d avg:−0.19%
Entry Spread Now
+0.040%
Eaten by executionL 594.2500 · S 594.4900+$4.04 if it converges
24h range −0.12%…+0.41% · median +0.19%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$16.57
−0.17%
$Avg Daily PnL
+$2.48
+0.0248%
★Best Day
+$6.61
Aug 15
◎Open Interest
⚡Funding APR
+9.03%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
9.7d
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 (−$24.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.