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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
+0.00%
3d Period Avg−19.64%
swing±62.82%
LONG Bitget · now
+10.96%
3d avg:+45.17%
SHORT Bybit · now
+10.96%
3d avg:+25.53%
Entry Spread Now
−0.070%
Eaten by executionL 0.2154 · S 0.2152−$6.97 if it converges
24h range −0.42%…+0.09% · median −0.12%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$39.13
−0.39%
$Avg Daily PnL
−$5.38
−0.0538%
★Best Day
+$0.00
Sep 28
◎Open Interest
⚡Funding APR
−19.62%
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.