← Back to Screener
updated —USTECH Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~6.7d
SWAP leg on Variational: its funding (SOFR + spread, longs usually pay ~5%/yr) is not published and is counted as 0 here — real return is lower. Check the rate on the venue screen.
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+3.51%
3d Period Avg−1.19%
swing±32.30%
LONG Variational · nowUS100S
+0.00%
3d avg:+0.00%
SHORT Extended · nowTECH100m-USD
+3.51%
3d avg:−1.19%
Entry Spread Now
−0.180%
Against youL 27,828.4 · S 27,778.33−$17.99 if it converges
24h range −0.40%…+0.30% · median −0.08%
Long pays every8hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0%/taker0.025%
Loading Funding History…
↗Total PnL
−$7.15
−0.07%
$Avg Daily PnL
−$0.24
−0.0024%
★Best Day
+$0.96
Nov 12
◎Open Interest
Variational$60.07M
Extended$1.20M⚡Funding APR
−0.86%
annualized · funding only
⚠Execution Cost
−$6.44
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
Variational$530.85MExtended$5.20MLoading 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 (−$6.44 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.