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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 ~5.8d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+14.51%
3d Period Avg−21.94%
swing±37.60%
LONG Bybit · now
+22.93%
3d avg:+38.06%
SHORT Bitunix · now
+37.44%
3d avg:+16.12%
Entry Spread Now
+0.000%
NeutralL 0.03162 · S 0.03162
24h range −0.41%…+0.57% · median +0.03%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$41.02
−0.41%
$Avg Daily PnL
−$6.01
−0.0601%
★Best Day
−$0.19
Sep 30
◎Open Interest
⚡Funding APR
−21.93%
annualized · funding only
⚠Execution Cost
−$23.00
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 (−$23.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.