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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.8d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+92.75%
3d Period Avg+17.17%
swing±30.26%
LONG Binance Futures · now
+10.96%
3d avg:+6.48%
SHORT Bybit · now
+103.70%
3d avg:+23.65%
Entry Spread Now
+0.178%
In your favorL 3.3760 · S 3.3820+$17.77 if it converges
24h range −0.15%…+0.51% · median +0.21%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$6.06
−0.06%
$Avg Daily PnL
+$4.98
+0.0498%
★Best Day
+$8.10
Sep 30
◎Open Interest
⚡Funding APR
+18.17%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
4.2d
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 (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.