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updated 8:41:03 AMFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~6.7d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+10.96%
3d Period Avg+11.15%
swing±0.58%
LONG dYdX · now
+0.00%
3d avg:−0.19%
SHORT Binance Futures · now
+10.96%
3d avg:+10.96%
Entry Spread Now
−0.122%
Against youL 0.2126 · S 0.2124−$12.16 if it converges
24h range −0.60%…+0.40% · median −0.10%
Long pays every1hShort pays every8h
LONGmaker0.010%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$11.01
−0.11%
$Avg Daily PnL
+$2.25
+0.0225%
★Best Day
+$3.00
Aug 31
◎Open Interest
⚡Funding APR
+8.21%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
8.9d
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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.