← 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 ~1.6d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+50.29%
1d Period Avg+33.67%
swing±18.59%
LONG Meridian · now
−6.76%
1d avg:−6.76%
SHORT Bullet · nowGOLD-USD
+43.53%
1d avg:+26.91%
Entry Spread Now
+0.183%
In your favorL ask 4,151.6 · S bid 4,159.2+$18.31 at entry
24h range −0.03%…+0.24% · median +0.10%
Long pays every1hShort pays every1h
LONGmaker0%/taker0.030%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
−$13.32
−0.13%
$Avg Daily PnL
+$9.22
+0.0922%
★Best Day
+$8.71
Oct 17
◎Open Interest
Meridian$285.7K
Bullet$75.2K⚡Funding APR
+33.65%
annualized · funding only
⚠Execution Cost
−$22.54
entry + exit fees
⏱Payback
2.5d
to break even
◧24h Volume
Meridian$7.0KBullet$22.0KLoading 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 (−$22.54 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.