← 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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−1.26%
7d Period Avg+3.72%
swing±8.12%
LONG Bybit · now
+4.15%
7d avg:+2.29%
SHORT Pionex · nowHYPE_USDT_PERP
+2.90%
7d avg:+6.01%
Entry Spread Now
−0.006%
Against youL ask 86.5300 · S bid 86.5250−$0.58 at entry
24h range −0.16%…+0.23% · median +0.01%
Long pays every8hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$16.44
−0.16%
$Avg Daily PnL
+$0.98
+0.0098%
★Best Day
+$2.90
Oct 6
◎Open Interest
Bybit$255.64M
Pionex$5.62M⚡Funding APR
+3.58%
annualized · funding only
⚠Execution Cost
−$23.31
entry + exit fees
⏱Payback
23.8d
to break even
◧24h Volume
Bybit$78.16MPionex$5.63MLoading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (−$23.31 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.