← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~28d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+3.01%
3d Period Avg+24.98%
swing±19.38%
LONG Bybit · now
+19.25%
3d avg:+6.62%
SHORT Hotcoin · now
+22.26%
3d avg:+31.60%
Entry Spread Now
−0.132%
Against youL 27.2660 · S 27.2300−$13.20 if it converges
24h range −0.50%…+0.30% · median +0.02%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$2.48
−0.02%
$Avg Daily PnL
+$6.84
+0.0684%
★Best Day
+$7.76
Oct 1
◎Open Interest
Bybit$2.81M
Hotcoin$2.67M⚡Funding APR
+24.97%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
3.4d
to break even
◧24h Volume
Bybit$900.0KHotcoin$6.12MLoading 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.