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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 ~2.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+41.30%
30d Period Avg−6.16%
swing±41.89%
LONG trade[XYZ] · nowxyz:SMH
−30.34%
30d avg:+17.12%
SHORT HTX · now
+10.96%
30d avg:+10.96%
Entry Spread Now
+0.103%
Eaten by executionL 617.4000 · S 618.0350+$10.29 if it converges
24h range −0.01%…+0.28% · median +0.12%
Long pays every1hShort pays every8h
LONGmaker0.030%/taker0.090%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$97.83
−0.98%
$Avg Daily PnL
−$2.33
−0.0233%
★Best Day
+$12.15
Sep 13
◎Open Interest
⚡Funding APR
−8.50%
annualized · funding only
⚠Execution Cost
−$28.00
entry + exit fees
⏱Payback
never
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 (−$28.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.