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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.1d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+90.74%
30d Period Avg+8.39%
swing±37.77%
LONG trade[XYZ] · nowxyz:WDC
−79.78%
30d avg:+2.46%
SHORT HTX · now
+10.96%
30d avg:+10.85%
Entry Spread Now
−0.069%
Eaten by executionL 456.2200 · S 455.9050−$6.90 if it converges
24h range −0.36%…+0.18% · median −0.07%
Long pays every1hShort pays every8h
LONGmaker0.030%/taker0.090%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$26.98
+0.27%
$Avg Daily PnL
+$1.83
+0.0183%
★Best Day
+$9.44
Sep 13
◎Open Interest
⚡Funding APR
+6.69%
annualized · funding only
⚠Execution Cost
−$28.00
entry + exit fees
⏱Payback
15.3d
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 (−$28.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.