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updated 1:16:56 PMFunding Arbitrage Backtester
Size$
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
−17.80%
3d Period Avg+0.55%
LONG LBank · now
+42.77%
3d avg:+13.46%
SHORT Bybit · now
+24.97%
3d avg:+14.01%
Entry Spread Now
−0.411%
Against youL 0.07303 · S 0.07273−$41.08 if it converges
24h range −0.60%…−0.24% · median −0.38%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$23.05
−0.23%
$Avg Daily PnL
−$0.01
−0.0001%
★Best Day
+$1.58
Aug 17
◎Open Interest
⚡Funding APR
−0.04%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
never
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 (−$23.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.