← Back to Screener
updated —BIRB Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~6.7d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+12.57%
7d Period Avg+10.07%
swing±74.38%
LONG Bybit · now
−14.76%
7d avg:−33.93%
SHORT KuCoin · nowBIRBUSDTM
−2.19%
7d avg:−23.86%
Entry Spread Now
−0.072%
Eaten by executionL 0.06936 · S 0.06931−$7.21 if it converges
24h range −1.17%…+0.67% · median −0.09%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$3.19
−0.03%
$Avg Daily PnL
+$2.83
+0.0283%
★Best Day
+$10.66
Nov 10
◎Open Interest
Bybit$2.44M
KuCoin$1.16M⚡Funding APR
+10.33%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
8.1d
to break even
◧24h Volume
Bybit$2.11MKuCoin$140.1KLoading 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.