← 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 ~32d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+2.61%
3d Period Avg−2.66%
swing±11.59%
LONG Hotcoin · now
+8.34%
3d avg:+6.09%
SHORT Bybit · now
+10.96%
3d avg:+3.43%
Entry Spread Now
+0.051%
Eaten by executionL 0.3933 · S 0.3935+$5.09 if it converges
24h range −0.41%…+0.70% · median −0.03%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$24.50
−0.25%
$Avg Daily PnL
−$0.50
−0.0050%
★Best Day
+$0.52
Oct 16
◎Open Interest
Hotcoin$1.10M
Bybit$13.46M⚡Funding APR
−1.83%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
Hotcoin$1.15MBybit$3.10MLoading 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.