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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 ~3.0d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+24.41%
3d Period Avg+35.25%
swing±32.50%
LONG Phemex · now
+10.96%
3d avg:+10.96%
SHORT Aster · now
+35.37%
3d avg:+46.21%
Entry Spread Now
−0.089%
Eaten by executionL 0.1793 · S 0.1791−$8.87 if it converges
24h range −0.02%…+0.62% · median +0.29%
Long pays every4hShort pays every4h
LONGmaker0.010%/taker0.060%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
+$8.96
+0.09%
$Avg Daily PnL
+$9.65
+0.0965%
★Best Day
+$13.62
Sep 25
◎Open Interest
⚡Funding APR
+35.23%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
2.1d
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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.