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
β3.90%
3d Period Avgβ9.95%
swingΒ±27.37%
LONG Bybit Β· now
+44.01%
3d avg:+34.34%
SHORT BingX Β· now
+40.10%
3d avg:+24.39%
Entry Spread Now
+0.772%
In your favorL 0.1425 Β· S 0.1436+$77.19 if it converges
24h range β0.07%β¦+1.49% Β· median +0.15%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding Historyβ¦
βTotal PnL
β$29.17
β0.29%
$Avg Daily PnL
β$2.72
β0.0272%
β
Best Day
+$0.24
Oct 11
βOpen Interest
β‘Funding APR
β9.94%
annualized Β· funding only
β Execution Cost
β$21.00
entry + exit fees
β±Payback
never
to break even
β§24h Volume
Loading 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.