← 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 ~13d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+7.73%
3d Period Avg+8.66%
swing±3.19%
LONG Phoenix · now
+3.22%
3d avg:+2.07%
SHORT Pacifica · now
+10.96%
3d avg:+10.73%
Entry Spread Now
−0.085%
Against youL ask 1,226.38 · S bid 1,225.34−$8.48 at entry
24h range −0.95%…+0.99% · median −0.06%
Long pays every1hShort pays every1h
LONGmaker0.005%/taker0.035%SHORTmaker0.015%/taker0.040%
Loading Funding History…
↗Total PnL
−$19.41
−0.19%
$Avg Daily PnL
+$2.38
+0.0238%
★Best Day
+$2.70
Oct 9
◎Open Interest
Phoenix$4.07M
Pacifica$1.39M⚡Funding APR
+8.70%
annualized · funding only
⚠Execution Cost
−$26.56
entry + exit fees
⏱Payback
11.2d
to break even
◧24h Volume
Phoenix—Pacifica$133.3KLoading 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 (−$26.56 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.