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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 ~4.9d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+22.17%
30d Period Avg+37.32%
swing±76.73%
LONG trade[XYZ] · nowxyz:XLE
+96.56%
30d avg:+12.45%
SHORT Toobit · nowXLE-SWAP-USDT
+118.73%
30d avg:+49.77%
Entry Spread Now
+0.018%
NeutralL 61.9690 · S 61.9800
24h range −0.28%…+0.34% · median +0.17%
Long pays every1hShort pays every8h
LONGmaker0.030%/taker0.090%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$279.07
+2.79%
$Avg Daily PnL
+$10.30
+0.1030%
★Best Day
+$36.84
Sep 27
◎Open Interest
⚡Funding APR
+37.60%
annualized · funding only
⚠Execution Cost
−$30.00
entry + exit fees
⏱Payback
2.9d
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 (−$30.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.