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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 ~1.1d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+67.58%
3d Period Avg+14.49%
swing±24.64%
LONG TxFlow · now
−56.62%
3d avg:−3.53%
SHORT Bybit · nowETCPERP
+10.96%
3d avg:+10.96%
Entry Spread Now
+0.034%
Eaten by executionL 8.7140 · S 8.7170+$3.44 if it converges
24h range −0.17%…+0.75% · median −0.02%
Long pays every1hShort pays every8h
LONGmaker0.015%/taker0.045%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$8.48
−0.08%
$Avg Daily PnL
+$2.88
+0.0288%
★Best Day
+$7.80
Sep 23
◎Open Interest
⚡Funding APR
+10.51%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
6.9d
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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.