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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~3.3d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+24.11%
3d Period Avg+23.59%
swing±1.49%
LONG dYdX · now
+0.00%
3d avg:+0.52%
SHORT BloFin · now
+24.11%
3d avg:+24.11%
Entry Spread Now
−0.041%
Eaten by executionL 7.8932 · S 7.8900−$4.07 if it converges
24h range −0.30%…+0.42% · median +0.00%
Long pays every1hShort pays every8h
LONGmaker0.010%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$2.54
−0.03%
$Avg Daily PnL
+$6.49
+0.0649%
★Best Day
+$6.60
Sep 26
◎Open Interest
⚡Funding APR
+23.68%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
3.4d
to break even
◧24h Volume
Loading 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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.