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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 ~0.3d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+229.29%
7d Period Avg+185.43%
swing±153.85%
LONG Bybit · now
+10.96%
7d avg:−9.78%
SHORT Crypto.com · nowBMTUSD-PERP
+240.24%
7d avg:+175.65%
Entry Spread Now
−0.038%
Eaten by executionL 0.01827 · S 0.01826−$3.83 if it converges
24h range −0.49%…+0.40% · median +0.08%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$309.44
+3.09%
$Avg Daily PnL
+$47.21
+0.4721%
★Best Day
+$68.31
Sep 27
◎Open Interest
⚡Funding APR
+172.30%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
10.6h
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 (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.