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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 ~1.6d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+47.83%
3d Period Avg−20.00%
swing±70.74%
LONG Bybit · now
−61.86%
3d avg:+38.60%
SHORT BingX · now
−14.03%
3d avg:+18.60%
Entry Spread Now
+0.054%
Eaten by executionL 0.9192 · S 0.9197+$5.44 if it converges
24h range −0.21%…+0.21% · median +0.01%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$37.42
−0.37%
$Avg Daily PnL
−$5.47
−0.0547%
★Best Day
+$5.35
Sep 28
◎Open Interest
⚡Funding APR
−19.98%
annualized · funding only
⚠Execution Cost
−$21.00
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 (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.