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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
+0.00%
3d Period Avg+13.07%
swing±13.55%
LONG Binance Futures · now
+10.96%
3d avg:−6.24%
SHORT Bitget · now
+10.96%
3d avg:+6.83%
Entry Spread Now
−0.026%
Eaten by executionL 1.8775 · S 1.8770−$2.61 if it converges
24h range −0.21%…+0.26% · median +0.01%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$10.28
−0.10%
$Avg Daily PnL
+$3.91
+0.0391%
★Best Day
+$7.35
Oct 8
◎Open Interest
⚡Funding APR
+14.25%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
5.6d
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.