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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
+0.00%
3d Period Avg+2.61%
swing±6.29%
LONG ApeX · now
+10.96%
3d avg:+8.35%
SHORT Binance Futures · now
+10.96%
3d avg:+10.96%
Entry Spread Now
−0.124%
Against youL 0.2190 · S 0.2187−$12.42 if it converges
24h range −0.68%…+0.31% · median −0.09%
Long pays every1hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$12.92
−0.13%
$Avg Daily PnL
+$2.36
+0.0236%
★Best Day
+$3.43
Sep 30
◎Open Interest
⚡Funding APR
+8.61%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
8.5d
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.