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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−11.15%
3d Period Avg−11.15%
LONG Variational · now
+11.15%
3d avg:+11.15%
SHORT Bitget · now
+0.00%
3d avg:+0.00%
Entry Spread Now
+0.067%
In your favorL 15.8733 · S 15.8840+$6.74 if it converges
24h range +0.01%…+0.08% · median +0.05%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.060%
Limited funding history — chart clipped to available data
- Variational (Long): live data only — historical backfill pending (depth grows organically as we ingest)
KPIs (Total PnL, APR, Win Rate) calculated only over the available data range.
Sparse settlements: long 11%, short 100% of expected. KPIs may be noisy.
New venue — the two legs barely overlap yet (one leg has no full settlement inside the shared window). Funding lines are shown per-leg, but PnL/KPIs cover only the tiny overlap and are not meaningful until the new venue accrues more history.
Loading Funding History…
↗Total PnL
+$22.08
+0.22%
$Avg Daily PnL
+$11.36
+0.1136%
★Best Day
+$14.34
Sep 30
◎Open Interest
⚡Funding APR
+41.46%
annualized · funding only
⚠Execution Cost
−$12.00
entry + exit fees
⏱Payback
1.1d
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 (−$12.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.