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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 ~1.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+43.12%
30d Period Avg+23.32%
swing±49.90%
LONG Bybit · now
+0.00%
30d avg:+4.93%
SHORT NADO · nowBBX-PERP
+43.12%
30d avg:+28.25%
Entry Spread Now
−0.050%
Eaten by executionL 9.1310 · S 9.1265−$4.95 if it converges
24h range −0.61%…+1.62% · median +0.00%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.010%/taker0.035%
Loading Funding History…
↗Total PnL
+$173.21
+1.73%
$Avg Daily PnL
+$6.37
+0.0637%
★Best Day
+$21.08
Sep 25
◎Open Interest
⚡Funding APR
+23.26%
annualized · funding only
⚠Execution Cost
−$18.00
entry + exit fees
⏱Payback
2.8d
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 (−$18.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.