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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−4.43%
3d Period Avg−0.28%
swing±2.90%
LONG Bybit · now
+0.00%
3d avg:+0.00%
SHORT WEEX · now
−4.43%
3d avg:−0.28%
Entry Spread Now
+0.133%
Eaten by executionL 13.5100 · S 13.5280+$13.32 if it converges
24h range −0.21%…+0.22% · median −0.06%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.080%
Loading Funding History…
↗Total PnL
−$27.23
−0.27%
$Avg Daily PnL
−$0.08
−0.0008%
★Best Day
+$0.26
Sep 30
◎Open Interest
⚡Funding APR
−0.28%
annualized · funding only
⚠Execution Cost
−$27.00
entry + exit fees
⏱Payback
never
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 (−$27.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.