← Back to Screener
updated 12:33:35 PMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~3.1d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+25.85%
3d Period Avg+15.64%
LONG Backpack · nowTRUMP_USDC_PERP
−29.17%
3d avg:−16.93%
SHORT BloFin · now
−3.32%
3d avg:−1.29%
Entry Spread Now
+0.043%
Eaten by executionL 1.3964 · S 1.3970+$4.30 if it converges
24h range −0.29%…+0.14% · median +0.01%
Long pays every1hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$12.34
−0.12%
$Avg Daily PnL
+$2.41
+0.0241%
★Best Day
+$4.20
Aug 15
◎Open Interest
Backpack$134.0K
BloFin$1.94M⚡Funding APR
+8.81%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
9.1d
to break even
◧24h Volume
Backpack$165.1KBloFin$30.9KLoading 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.