β Back to Screener
updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding covers it in ~11d
β Slippage not modeled β actual cost may differ
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
+7.83%
3d Period Avgβ2.44%
swingΒ±5.63%
LONG Bybit Β· now
β1.14%
3d avg:+4.52%
SHORT Bitunix Β· now
+6.69%
3d avg:+2.08%
Entry Spread Now
+0.046%
Eaten by executionL 283.8900 Β· S 284.0200+$4.58 if it converges
24h range β0.24%β¦+0.29% Β· median +0.02%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding Historyβ¦
βTotal PnL
β$25.00
β0.25%
$Avg Daily PnL
β$0.67
β0.0067%
β
Best Day
+$0.11
Oct 22
βOpen Interest
Bybit$35.96M
Bitunixββ‘Funding APR
β2.43%
annualized Β· funding only
β Execution Cost
β$23.00
entry + exit fees
β±Payback
never
to break even
β§24h Volume
Bybit$18.50MBitunix$6.07MLoading Cumulative PnLβ¦
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 (β$23.00 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.