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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 ~2.6d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+34.63%
7d Period Avg+48.09%
swing±69.89%
LONG Binance Futures · now
+10.96%
7d avg:+27.68%
SHORT Gate.io · now
+45.58%
7d avg:+75.77%
Entry Spread Now
−0.087%
Eaten by executionL 0.1833 · S 0.1832−$8.66 if it converges
24h range −0.44%…+0.28% · median −0.04%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker-0.010%/taker0.075%
Loading Funding History…
↗Total PnL
+$23.82
+0.24%
$Avg Daily PnL
+$6.97
+0.0697%
★Best Day
+$22.17
Oct 6
◎Open Interest
⚡Funding APR
+25.45%
annualized · funding only
⚠Execution Cost
−$25.00
entry + exit fees
⏱Payback
3.6d
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 (−$25.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.