← Back to Screener
updated 6:06:01 PMFunding Arbitrage Backtester
Size$
R-trip cost
Funding ArbitrageLooking at price convergence? → /price-pair
Net Funding APR · Now
+42.92%
3d Avg—
LONG Orderly
−19.53%
3d: —
SHORT Backpack
+23.39%
3d: —
Long pays every8hShort pays every1h
LONGmaker0%/taker0.030%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$16.36
+0.16%
$Avg Daily PnL
+$10.04
+0.1004%
★Best Day
+$15.75
May 18
◎Open Interest
Orderly$142.8K
Backpack$898.6K⚡APR
+14.93%
annualized
⚠Execution Cost
−$23.80
entry + exit fees
⏱Payback
2.4d
to break even
◧24h Volume
Orderly$394.9KBackpack$2.84MLoading 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 (−$23.80 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.