← Back to Screener
updated —NVDA Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~7.8d
ⓘSlippage estimate may be inaccurate (thin orderbook or partial fill)
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+36.54%
3d Period Avg+29.61%
swing±23.17%
LONG Phemex · now
+0.00%
3d avg:+0.00%
SHORT Bybit · now
+36.54%
3d avg:+29.61%
Entry Spread Now
−0.098%
Against youL ask 162.9900 · S bid 162.8300−$9.82 at entry
24h range −0.34%…+0.16% · median −0.04%
Long pays every4hShort pays every8h
LONGmaker0.010%/taker0.060%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$53.48
−0.53%
$Avg Daily PnL
+$8.11
+0.0811%
★Best Day
+$14.76
Nov 12
◎Open Interest
Phemex$1.50M
Bybit$81.91M⚡Funding APR
+29.59%
annualized · funding only
⚠Execution Cost
−$77.80
entry + exit fees
⏱Payback
9.6d
to break even
◧24h Volume
Phemex$148.3KBybit$141.71MLoading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (−$77.80 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.