← Back to Screener
updated —TAO 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
−9.92%
7d Period Avg+3.23%
swing±10.56%
LONG Variational · now
+10.96%
7d avg:+5.21%
SHORT Pionex · nowTAO_USDT_PERP
+1.04%
7d avg:+8.44%
Entry Spread Now
+0.047%
Eaten by executionL 207.4125 · S 207.5100+$4.70 if it converges
24h range −0.61%…+0.70% · median +0.08%
Long pays every4hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$3.80
−0.04%
$Avg Daily PnL
+$0.95
+0.0095%
★Best Day
+$5.59
Nov 8
◎Open Interest
Variational$1.13M
Pionex$1.29M⚡Funding APR
+3.49%
annualized · funding only
⚠Execution Cost
−$10.48
entry + exit fees
⏱Payback
11.0d
to break even
◧24h Volume
Variational$1.35MPionex$2.43MLoading 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 (−$10.48 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.