← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.4d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+57.53%
7d Period Avg+32.12%
swing±22.94%
LONG ApeX · now
−22.49%
7d avg:−11.19%
SHORT Phoenix · now
+35.04%
7d avg:+20.93%
Entry Spread Now
+0.128%
In your favorL ask 117.6700 · S bid 117.8200+$12.75 at entry
24h range −1.98%…+2.12% · median +0.12%
Long pays every1hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.005%/taker0.035%
Loading Funding History…
↗Total PnL
+$40.21
+0.40%
$Avg Daily PnL
+$8.79
+0.0879%
★Best Day
+$16.22
Sep 29
◎Open Interest
ApeX$2.16M
Phoenix$8.29M⚡Funding APR
+32.10%
annualized · funding only
⚠Execution Cost
−$21.34
entry + exit fees
⏱Payback
2.4d
to break even
◧24h Volume
ApeX$1.74MPhoenix—Loading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (−$21.34 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.