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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 ~3.8d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+20.10%
3d Period Avg+55.54%
swing±76.80%
LONG Binance Futures · now
−9.14%
3d avg:−152.63%
SHORT Bybit · now
+10.96%
3d avg:−97.09%
Entry Spread Now
−0.191%
Against youL 253.4151 · S 252.9300−$19.14 if it converges
24h range −0.38%…+0.55% · median +0.04%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
+$33.42
+0.33%
$Avg Daily PnL
+$18.14
+0.1814%
★Best Day
+$20.06
Oct 5
◎Open Interest
⚡Funding APR
+66.21%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
1.2d
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 (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.