← Back to Screener
updated 1:44:40 PMFunding 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
−2.23%
3d Period Avg−1.01%
swing±8.59%
LONG Bybit · now
+10.96%
3d avg:+6.47%
SHORT Toobit · nowMORPHO-SWAP-USDT
+8.73%
3d avg:+5.46%
Entry Spread Now
−0.323%
Against youL 2.1372 · S 2.1303−$32.29 if it converges
24h range −0.39%…+0.15% · median −0.15%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$23.83
−0.24%
$Avg Daily PnL
−$0.21
−0.0021%
★Best Day
+$1.18
Sep 12
◎Open Interest
Bybit$6.78M
Toobit$38.8K⚡Funding APR
−0.76%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
Bybit$1.70MToobit$2.20MLoading 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.