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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 ~1.9d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+36.20%
3d Period Avg+34.49%
swing±16.75%
LONG TxFlow · now
−25.24%
3d avg:−23.53%
SHORT ApeX · now
+10.96%
3d avg:+10.96%
Entry Spread Now
+0.115%
In your favorL 0.08720 · S 0.08730+$11.47 if it converges
24h range −0.49%…+0.69% · median +0.16%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.045%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$9.22
+0.09%
$Avg Daily PnL
+$9.41
+0.0941%
★Best Day
+$12.55
Oct 6
◎Open Interest
⚡Funding APR
+34.34%
annualized · funding only
⚠Execution Cost
−$19.00
entry + exit fees
⏱Payback
2.0d
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 (−$19.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.