β Back to Screener
updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding never covers this cost
β Slippage not modeled β actual cost may differ
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
β56.72%
3d Period Avg+13.54%
swingΒ±39.92%
LONG Binance Futures Β· now
β55.27%
3d avg:β51.57%
SHORT Bybit Β· now
β111.99%
3d avg:β38.03%
Entry Spread Now
β0.268%
Against youL 0.07432 Β· S 0.07412β$26.83 if it converges
24h range β0.49%β¦+0.81% Β· median +0.05%
Long pays every8hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding Historyβ¦
βTotal PnL
β$12.28
β0.12%
$Avg Daily PnL
+$2.91
+0.0291%
β
Best Day
+$6.66
Oct 14
βOpen Interest
Binance Futures$5.85M
Bybit$4.03Mβ‘Funding APR
+10.62%
annualized Β· funding only
β Execution Cost
β$21.00
entry + exit fees
β±Payback
7.2d
to break even
β§24h Volume
Binance Futures$10.35MBybit$3.01MLoading Cumulative PnLβ¦
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 (β$21.00 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.