← Back to Screener
updated —ENA Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~3.2d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+30.91%
3d Period Avg+0.90%
swing±2.66%
LONG Bybit · now
−19.96%
3d avg:+10.06%
SHORT Phemex · now
+10.96%
3d avg:+10.96%
Entry Spread Now
+0.102%
Eaten by executionL 0.1269 · S 0.1270+$10.25 if it converges
24h range −0.27%…+0.50% · median +0.01%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.010%/taker0.060%
Loading Funding History…
↗Total PnL
−$26.75
−0.27%
$Avg Daily PnL
+$0.24
+0.0024%
★Best Day
+$0.73
Nov 13
◎Open Interest
Bybit$44.82M
Phemex$1.95M⚡Funding APR
+0.89%
annualized · funding only
⚠Execution Cost
−$27.48
entry + exit fees
⏱Payback
3.7mo
to break even
◧24h Volume
Bybit$76.52MPhemex$6.92MLoading 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 (−$27.48 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.