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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 ~0.9d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+89.19%
30d Period Avg+6.22%
swing±16.18%
LONG Bybit · now
+0.00%
30d avg:+0.00%
SHORT grvt · nowJPM_USDT_Perp
+89.19%
30d avg:+6.22%
Entry Spread Now
+0.025%
Eaten by executionL 332.2400 · S 332.3227+$2.49 if it converges
24h range −0.07%…+0.13% · median +0.04%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.010%/taker0.050%
Loading Funding History…
↗Total PnL
+$30.06
+0.30%
$Avg Daily PnL
+$1.70
+0.0170%
★Best Day
+$11.63
Sep 24
◎Open Interest
⚡Funding APR
+6.21%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
12.3d
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 (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.