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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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+7.16%
swing±18.46%
LONG OKX · nowSOPH-USDT-SWAP
+10.96%
3d avg:+0.85%
SHORT Binance Futures · now
+10.96%
3d avg:+8.01%
Entry Spread Now
−0.076%
Eaten by executionL 0.003639 · S 0.003636−$7.64 if it converges
24h range −0.41%…+0.60% · median +0.10%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$46.62
−0.47%
$Avg Daily PnL
+$1.96
+0.0196%
★Best Day
+$4.19
Oct 1
◎Open Interest
⚡Funding APR
+7.15%
annualized · funding only
⚠Execution Cost
−$52.50
entry + exit fees
⏱Payback
26.8d
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 (−$52.50 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.