← 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 ~26d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+9.91%
7d Period Avg+14.96%
swing±42.72%
LONG Hotcoin · now
+14.24%
7d avg:+24.87%
SHORT Bybit · now
+24.16%
7d avg:+39.83%
Entry Spread Now
+0.153%
Eaten by executionL 0.1240 · S 0.1242+$15.32 if it converges
24h range −1.48%…+0.95% · median −0.02%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$41.82
−0.42%
$Avg Daily PnL
+$3.98
+0.0398%
★Best Day
+$12.32
Sep 23
◎Open Interest
Hotcoin$1.93M
Bybit$9.96M⚡Funding APR
+14.52%
annualized · funding only
⚠Execution Cost
−$69.66
entry + exit fees
⏱Payback
17.5d
to break even
◧24h Volume
Hotcoin$23.36MBybit$16.22MLoading 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 (−$69.66 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.