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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
−3.67%
3d Period Avg+19.57%
swing±7.65%
LONG MEXC · now
−10.19%
3d avg:−13.73%
SHORT Bybit · now
−13.86%
3d avg:+5.84%
Entry Spread Now
−0.067%
Eaten by executionL 238.4000 · S 238.2400−$6.71 if it converges
24h range −1.06%…+0.54% · median −0.00%
Long pays every8hShort pays every8h
LONGmaker0%/taker0.020%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
+$1.08
+0.01%
$Avg Daily PnL
+$5.36
+0.0536%
★Best Day
+$6.57
Oct 9
◎Open Interest
⚡Funding APR
+19.56%
annualized · funding only
⚠Execution Cost
−$15.00
entry + exit fees
⏱Payback
2.8d
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 (−$15.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.