← 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 ~4.6d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+27.95%
1d Period Avg+63.33%
swing±20.26%
LONG Phoenix · nowGOLD
+1.26%
1d avg:−0.16%
SHORT Bullet · nowGOLD-USD
+29.21%
1d avg:+63.17%
Entry Spread Now
+0.050%
In your favorL ask 4,181.9 · S bid 4,184+$5.02 at entry
24h range +0.04%…+0.80% · median +0.20%
Long pays every1hShort pays every1h
LONGmaker0.005%/taker0.035%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
−$17.03
−0.17%
$Avg Daily PnL
+$17.85
+0.1785%
★Best Day
+$17.85
Oct 18
◎Open Interest
Phoenix$92.1K
Bullet$76.6K⚡Funding APR
+65.17%
annualized · funding only
⚠Execution Cost
−$34.88
entry + exit fees
⏱Payback
1.9d
to break even
◧24h Volume
Phoenix—Bullet$26.7KLoading 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 (−$34.88 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.