← Back to Screener
updated 12:00:38 PMFunding Arbitrage Backtester
Size$
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
+259.79%
3d Period Avg+271.41%
LONG Bybit · now
−165.92%
3d avg:−152.58%
SHORT Hotcoin · now
+93.87%
3d avg:+118.83%
Entry Spread Now
−0.397%
Against youL 0.2520 · S 0.2510−$39.68 if it converges
24h range −0.94%…+0.85% · median −0.07%
Long pays every4hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$149.22
+1.49%
$Avg Daily PnL
+$43.05
+0.4305%
★Best Day
+$82.87
Aug 14
◎Open Interest
Bybit$1.38M
Hotcoin$169.5K⚡Funding APR
+157.15%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
12.7h
to break even
◧24h Volume
Bybit$3.58MHotcoin—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.