← Back to Screener
updated 2:40:31 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.4d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+109.20%
30d Period Avg+91.54%
LONG Variational · now
−98.24%
30d avg:−104.48%
SHORT Bybit · now
+10.96%
30d avg:−12.94%
Entry Spread Now
+0.195%
In your favorL 0.005896 · S 0.005908+$19.50 if it converges
24h range +0.11%…+0.21% · median +0.16%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
+$740.84
+7.41%
$Avg Daily PnL
+$24.25
+0.2425%
★Best Day
+$51.54
Jul 28
◎Open Interest
Variational$181.3K
Bybit$1.46M⚡Funding APR
+88.52%
annualized · funding only
⚠Execution Cost
−$11.00
entry + exit fees
⏱Payback
10.8h
to break even
◧24h Volume
Variational$1.5KBybit$112.2KLoading 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 (−$11.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.