← Back to Screener
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
−28.79%
3d Period Avg−27.39%
swing±70.09%
LONG Bybit · now
+10.96%
3d avg:−10.68%
SHORT Hotcoin · now
−17.84%
3d avg:−38.07%
Entry Spread Now
−0.195%
Against youL 0.0005128 · S 0.0005118−$19.50 if it converges
24h range −0.97%…+0.43% · median −0.20%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$1.15
−0.01%
$Avg Daily PnL
+$7.28
+0.0728%
★Best Day
+$23.97
Sep 30
◎Open Interest
Bybit$2.06M
Hotcoin$212.2K⚡Funding APR
+26.59%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
3.2d
to break even
◧24h Volume
Bybit$7.67MHotcoin$2.35MLoading 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.