← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~3.0d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+30.38%
3d Period Avg+21.15%
swing±16.90%
LONG Pacifica · now
+2.44%
3d avg:+9.44%
SHORT Backpack · nowZEC_USDC_PERP
+32.82%
3d avg:+30.59%
Entry Spread Now
−0.049%
Against youL ask 1,227.51 · S bid 1,226.91−$4.89 at entry
24h range −0.58%…+0.26% · median −0.06%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.040%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$8.13
−0.08%
$Avg Daily PnL
+$5.71
+0.0571%
★Best Day
+$8.72
Oct 15
◎Open Interest
Pacifica$1.37M
Backpack$1.89M⚡Funding APR
+20.84%
annualized · funding only
⚠Execution Cost
−$25.26
entry + exit fees
⏱Payback
4.4d
to break even
◧24h Volume
Pacifica$4.97MBackpack$2.84MLoading 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 (−$25.26 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.