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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.8d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+44.95%
7d Period Avg+44.68%
swing±23.90%
LONG Variational · now
−33.99%
7d avg:−36.30%
SHORT Binance Futures · now
+10.96%
7d avg:+8.38%
Entry Spread Now
+0.246%
In your favorL 0.3351 · S 0.3359+$24.61 if it converges
24h range −0.53%…+0.57% · median +0.06%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$75.63
+0.76%
$Avg Daily PnL
+$12.23
+0.1223%
★Best Day
+$19.99
Sep 23
◎Open Interest
⚡Funding APR
+44.65%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
19.7h
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 (−$10.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.