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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+15.99%
swing±28.95%
LONG Bybit · now
+0.00%
3d avg:+0.00%
SHORT MEXC · nowMCDSTOCK_USDT
+0.00%
3d avg:+15.99%
Entry Spread Now
+0.013%
NeutralL 236.9500 · S 236.9800
24h range −0.19%…+0.08% · median −0.03%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0%/taker0.020%
Loading Funding History…
↗Total PnL
−$1.87
−0.02%
$Avg Daily PnL
+$4.38
+0.0438%
★Best Day
+$6.39
Oct 9
◎Open Interest
⚡Funding APR
+15.97%
annualized · funding only
⚠Execution Cost
−$15.00
entry + exit fees
⏱Payback
3.4d
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 (−$15.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.