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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
−3.58%
30d Period Avg+0.19%
swing±4.00%
LONG BloFin · now
+14.54%
30d avg:+28.76%
SHORT Binance Futures · now
+10.96%
30d avg:+28.95%
Entry Spread Now
−0.147%
Against youL 0.05141 · S 0.05133−$14.74 if it converges
24h range −0.25%…+0.17% · median −0.04%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$20.42
−0.20%
$Avg Daily PnL
+$0.05
+0.0005%
★Best Day
+$0.86
Sep 9
◎Open Interest
⚡Funding APR
+0.19%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
13.9mo
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.