← Back to Screener
updated 3:33:42 PMFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~19d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+7.15%
1d Period Avg+19.99%
swing±7.91%
LONG ApeX · now
+10.96%
1d avg:+8.44%
SHORT Phoenix · now
+18.10%
1d avg:+28.43%
Entry Spread Now
−0.148%
Against youL ask 1,138.08 · S bid 1,136.4−$14.76 at entry
24h range −2.79%…+2.48% · median +0.05%
Long pays every1hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.005%/taker0.035%
Loading Funding History…
↗Total PnL
−$31.31
−0.31%
$Avg Daily PnL
+$2.74
+0.0274%
★Best Day
+$3.60
Sep 14
◎Open Interest
ApeX$66.4K
Phoenix$4.81M⚡Funding APR
+9.99%
annualized · funding only
⚠Execution Cost
−$36.78
entry + exit fees
⏱Payback
13.4d
to break even
◧24h Volume
ApeX$613.7KPhoenix—Loading 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 (−$36.78 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.