← 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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−10.92%
3d Period Avg−7.01%
swing±17.35%
LONG Pionex · nowLAB_USDT_PERP
+21.88%
3d avg:+24.13%
SHORT Bybit · now
+10.96%
3d avg:+17.12%
Entry Spread Now
+0.270%
In your favorL 0.05555 · S 0.05570+$27.00 if it converges
24h range −0.34%…+0.54% · median +0.07%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$26.76
−0.27%
$Avg Daily PnL
−$1.92
−0.0192%
★Best Day
+$1.47
Sep 25
◎Open Interest
Pionex$102.5K
Bybit$4.14M⚡Funding APR
−7.01%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
Pionex$107.2KBybit$1.00MLoading 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.