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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
−524.66%
3d Period Avg+26.54%
swing±96.19%
LONG MEXC · now
−258.16%
3d avg:−237.29%
SHORT Bybit · now
−782.82%
3d avg:−210.75%
Entry Spread Now
+0.034%
Eaten by executionL 0.08781 · S 0.08784+$3.42 if it converges
24h range −2.02%…+2.23% · median +0.13%
Long pays every8hShort pays every4h
LONGmaker0%/taker0.020%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$0.49
+0.00%
$Avg Daily PnL
+$4.84
+0.0484%
★Best Day
+$10.55
Oct 10
◎Open Interest
⚡Funding APR
+17.65%
annualized · funding only
⚠Execution Cost
−$15.00
entry + exit fees
⏱Payback
3.1d
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.