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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 ~6.7d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+10.96%
3d Period Avg+17.47%
swing±49.43%
LONG Bybit · now
+0.00%
3d avg:+0.00%
SHORT TxFlow · now
+10.96%
3d avg:+17.47%
Entry Spread Now
+0.091%
Eaten by executionL 88.2900 · S 88.3700+$9.06 if it converges
24h range −0.43%…+1.63% · median −0.04%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
−$5.93
−0.06%
$Avg Daily PnL
+$4.69
+0.0469%
★Best Day
+$10.71
Sep 30
◎Open Interest
⚡Funding APR
+17.12%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
4.3d
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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.