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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~19d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+5.48%
3d Period Avg+9.34%
swing±171.83%
LONG Bybit · now
+0.00%
3d avg:+0.00%
SHORT trade[XYZ] · nowxyz:NCLD
+5.48%
3d avg:+9.34%
Entry Spread Now
−0.078%
Eaten by executionL 24.2400 · S 24.2210−$7.84 if it converges
24h range −1.01%…+1.29% · median −0.50%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.030%/taker0.090%
Loading Funding History…
↗Total PnL
−$16.96
−0.17%
$Avg Daily PnL
+$4.01
+0.0401%
★Best Day
+$10.54
Sep 28
◎Open Interest
⚡Funding APR
+14.64%
annualized · funding only
⚠Execution Cost
−$29.00
entry + exit fees
⏱Payback
7.2d
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 (−$29.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.