← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−118.35%
3d Period Avg+31.61%
swing±90.02%
LONG KuCoin · nowFIGHTUSDTM
+129.52%
3d avg:+69.26%
SHORT Bybit · now
+11.17%
3d avg:+100.87%
Entry Spread Now
+0.371%
In your favorL 0.004039 · S 0.004054+$37.14 if it converges
24h range −0.79%…+0.12% · median −0.21%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
+$2.96
+0.03%
$Avg Daily PnL
+$8.65
+0.0865%
★Best Day
+$29.99
Sep 25
◎Open Interest
KuCoin$523.8K
Bybit$1.94M⚡Funding APR
+31.58%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
2.7d
to break even
◧24h Volume
KuCoin$63.4KBybit$243.3KLoading 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.