← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~3.2d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+25.89%
3d Period Avg+22.72%
swing±27.96%
LONG Hotcoin · now
+10.96%
3d avg:+18.41%
SHORT Bybit · now
+36.85%
3d avg:+41.13%
Entry Spread Now
−0.378%
Against youL 0.1508 · S 0.1502−$37.80 if it converges
24h range −1.27%…+0.66% · median −0.01%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$5.37
−0.05%
$Avg Daily PnL
+$5.88
+0.0588%
★Best Day
+$6.72
Sep 27
◎Open Interest
Hotcoin$1.81M
Bybit$2.66M⚡Funding APR
+21.45%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
3.9d
to break even
◧24h Volume
Hotcoin$9.38MBybit$5.04MLoading 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.