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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 ~4.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+21.89%
3d Period Avg+15.71%
swing±10.95%
LONG Bybit · nowGBPUSDUSDT
+0.00%
3d avg:+0.00%
SHORT WEEX · now
+21.89%
3d avg:+15.71%
Entry Spread Now
−0.073%
Eaten by executionL 1.3251 · S 1.3241−$7.32 if it converges
24h range −0.29%…+0.04% · median −0.11%
Long pays every8hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.080%
Loading Funding History…
↗Total PnL
−$14.10
−0.14%
$Avg Daily PnL
+$4.30
+0.0430%
★Best Day
+$5.75
Sep 23
◎Open Interest
⚡Funding APR
+15.69%
annualized · funding only
⚠Execution Cost
−$27.00
entry + exit fees
⏱Payback
6.3d
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 (−$27.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.