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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
+0.00%
7d Period Avg+60.42%
swing±81.08%
LONG Bybit · now
+10.96%
7d avg:+28.53%
SHORT Toobit · nowPHAROS-SWAP-USDT
+10.96%
7d avg:+88.95%
Entry Spread Now
+0.335%
In your favorL 0.6576 · S 0.6598+$33.45 if it converges
24h range −5.45%…+5.44% · median +0.18%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$93.28
+0.93%
$Avg Daily PnL
+$16.61
+0.1661%
★Best Day
+$43.80
Sep 25
◎Open Interest
⚡Funding APR
+60.63%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
1.4d
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.