← Back to Screener
updated —WTI Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~87d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.66%
3d Period Avg+3.47%
swing±42.58%
LONG Variational · nowCL
+0.00%
3d avg:−47.76%
SHORT Pionex · nowWTI_USDT_PERP
+0.66%
3d avg:−44.29%
Entry Spread Now
+0.044%
In your favorL ask 87.5718 · S bid 87.6100+$4.36 at entry
24h range −0.07%…+0.23% · median +0.08%
Long pays every4hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$12.90
−0.13%
$Avg Daily PnL
+$0.95
+0.0095%
★Best Day
+$6.19
Nov 11
◎Open Interest
Variational$9.12M
Pionex$2.52M⚡Funding APR
+3.46%
annualized · funding only
⚠Execution Cost
−$15.75
entry + exit fees
⏱Payback
16.6d
to break even
◧24h Volume
Variational$2.56MPionex$1.91MLoading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (−$15.75 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.