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updated 8:03:35 PMFunding Arbitrage Backtester
Size$
R-trip cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−58.49%
3d Period Avg−16.47%
LONG Bybit · now
+58.49%
3d avg:+30.53%
SHORT Toobit · nowIBM-SWAP-USDT
+0.00%
3d avg:+14.06%
Entry Spread Now
−0.104%
Eaten by executionL 210.7600 · S 210.5400−$10.44 if it converges
24h range −0.32%…+0.24% · median −0.07%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$36.53
−0.37%
$Avg Daily PnL
−$4.51
−0.0451%
★Best Day
−$1.31
Jul 19
◎Open Interest
⚡Funding APR
−16.46%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
never
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 (−$23.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.