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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
7d Period Avg+5.97%
swing±27.24%
LONG Binance Futures · now
+10.96%
7d avg:+26.95%
SHORT Variational · now
+10.96%
7d avg:+32.92%
Entry Spread Now
−0.006%
NeutralL 549.2701 · S 549.2355
24h range −0.34%…+0.37% · median −0.04%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
+$9.77
+0.10%
$Avg Daily PnL
+$2.82
+0.0282%
★Best Day
+$8.61
Sep 22
◎Open Interest
⚡Funding APR
+10.31%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
3.5d
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 (−$10.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.