β Back to Screener
updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding never covers this cost
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
β25.44%
3d Period Avgβ12.49%
swingΒ±25.21%
LONG Hotcoin Β· now
β212.43%
3d avg:+19.73%
SHORT Bybit Β· now
β237.87%
3d avg:+7.24%
Entry Spread Now
+0.022%
Eaten by executionL 45.3200 Β· S 45.3300+$2.21 if it converges
24h range β0.33%β¦+0.89% Β· median β0.00%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.055%
Loading Funding Historyβ¦
βTotal PnL
β$37.79
β0.38%
$Avg Daily PnL
β$2.73
β0.0273%
β
Best Day
β$0.99
Oct 16
βOpen Interest
Hotcoin$8.16M
Bybit$9.64Mβ‘Funding APR
β9.95%
annualized Β· funding only
β Execution Cost
β$29.61
entry + exit fees
β±Payback
never
to break even
β§24h Volume
Hotcoin$3.69MBybit$5.49MLoading Cumulative PnLβ¦
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 (β$29.61 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.