← 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
+0.00%
7d Period Avg+16.57%
swing±25.65%
LONG OKX · nowGRVT-USDT-SWAP
+10.96%
7d avg:+5.25%
SHORT Bybit · now
+10.96%
7d avg:+21.82%
Entry Spread Now
+0.065%
Eaten by executionL 0.2143 · S 0.2145+$6.53 if it converges
24h range −0.28%…+0.43% · median +0.13%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
+$10.76
+0.11%
$Avg Daily PnL
+$4.54
+0.0454%
★Best Day
+$7.95
Oct 16
◎Open Interest
OKX$2.44M
Bybit$3.25M⚡Funding APR
+16.56%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
4.6d
to break even
◧24h Volume
OKX$1.36MBybit$457.8KLoading 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 (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.