← 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 ~6.0d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+12.99%
7d Period Avg+12.09%
swing±10.28%
LONG Binance Futures · now
+4.38%
7d avg:+8.16%
SHORT Backpack · nowZEC_USDC_PERP
+17.37%
7d avg:+20.25%
Entry Spread Now
−0.043%
Against youL ask 1,221.5 · S bid 1,220.97−$4.34 at entry
24h range −0.26%…+0.09% · median −0.06%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$1.75
+0.02%
$Avg Daily PnL
+$3.32
+0.0332%
★Best Day
+$5.80
Oct 4
◎Open Interest
Binance Futures$589.44M
Backpack$2.05M⚡Funding APR
+12.11%
annualized · funding only
⚠Execution Cost
−$21.48
entry + exit fees
⏱Payback
6.5d
to break even
◧24h Volume
Binance Futures$522.73MBackpack$855.8KLoading 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 (−$21.48 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.