β Back to Screener
updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding never covers this cost
β Slippage not modeled β actual cost may differ
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
β2.24%
7d Period Avg+7.97%
swingΒ±118.38%
LONG Bybit Β· now
β11.79%
7d avg:β46.24%
SHORT BingX Β· now
β14.03%
7d avg:β38.27%
Entry Spread Now
+0.000%
NeutralL 0.004708 Β· S 0.004708
24h range β0.33%β¦+3.91% Β· median +0.00%
Long pays every8hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding Historyβ¦
βTotal PnL
β$21.82
β0.22%
$Avg Daily PnL
β$0.12
β0.0012%
β
Best Day
+$19.78
Oct 9
βOpen Interest
Bybit$1.05M
BingX$1.36Mβ‘Funding APR
β0.43%
annualized Β· funding only
β Execution Cost
β$21.00
entry + exit fees
β±Payback
never
to break even
β§24h Volume
Bybit$1.10MBingX$2.40MLoading Cumulative PnLβ¦
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 (β$21.00 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.