← Back to Screener
updated —SPACEX Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~7.6d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+14.27%
7d Period Avg+15.32%
swing±11.76%
LONG Bybit · nowSPCXUSDT
−8.79%
7d avg:−0.42%
SHORT Phemex · nowSPCXUSDT
+5.48%
7d avg:+14.90%
Entry Spread Now
−0.037%
Against youL ask 136.1900 · S bid 136.1400−$3.67 at entry
24h range −0.19%…+0.34% · median −0.01%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.010%/taker0.060%
Loading Funding History…
↗Total PnL
−$0.18
+0.00%
$Avg Daily PnL
+$4.20
+0.0420%
★Best Day
+$7.47
Nov 10
◎Open Interest
Bybit$42.34M
Phemex$2.48M⚡Funding APR
+15.31%
annualized · funding only
⚠Execution Cost
−$29.55
entry + exit fees
⏱Payback
7.0d
to break even
◧24h Volume
Bybit$55.59MPhemex$20.59MLoading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (−$29.55 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.