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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+4.66%
swing±48.76%
LONG Bybit · now
+10.96%
3d avg:−9.46%
SHORT Bitget · now
+10.96%
3d avg:−4.80%
Entry Spread Now
+0.036%
Eaten by executionL 0.9503 · S 0.9506+$3.58 if it converges
24h range −2.60%…+1.59% · median −0.04%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$26.27
−0.26%
$Avg Daily PnL
−$1.09
−0.0109%
★Best Day
+$3.28
Sep 25
◎Open Interest
⚡Funding APR
−3.98%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
never
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 (−$23.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.