← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.0d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+106.01%
3d Period Avg+109.43%
swing±16.60%
LONG Phoenix · nowSILVER
−0.13%
3d avg:+10.08%
SHORT Meridian · nowXAGXAGUSD
+105.87%
3d avg:+119.51%
Entry Spread Now
+0.002%
NeutralL ask 60.4680 · S bid 60.4690
24h range −1.81%…+1.34% · median −0.08%
Long pays every1hShort pays every1h
LONGmaker0.005%/taker0.035%SHORTmaker0%/taker0.030%
Loading Funding History…
↗Total PnL
+$58.93
+0.59%
$Avg Daily PnL
+$29.11
+0.2911%
★Best Day
+$29.92
Oct 1
◎Open Interest
Phoenix$45.6K
Meridian$3.6K⚡Funding APR
+106.24%
annualized · funding only
⚠Execution Cost
−$28.39
entry + exit fees
⏱Payback
23.5h
to break even
◧24h Volume
Phoenix—Meridian$6.9KLoading 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 (−$28.39 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.