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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 ~0.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+195.43%
30d Period Avg+0.93%
swing±84.22%
LONG Bybit · nowQNTXUSDT
+0.00%
30d avg:+17.48%
SHORT trade[XYZ] · nowxyz:QNT
+195.43%
30d avg:+18.41%
Entry Spread Now
−0.033%
Eaten by executionL 48.6400 · S 48.6240−$3.29 if it converges
24h range −0.74%…+0.72% · median −0.09%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.030%/taker0.090%
Loading Funding History…
↗Total PnL
−$22.78
−0.23%
$Avg Daily PnL
+$0.21
+0.0021%
★Best Day
+$14.88
Sep 21
◎Open Interest
⚡Funding APR
+0.76%
annualized · funding only
⚠Execution Cost
−$29.00
entry + exit fees
⏱Payback
4.7mo
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.