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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
+0.00%
3d Period Avg−1.65%
swing±6.79%
LONG Bybit · now
+0.00%
3d avg:+1.60%
SHORT Bitget · now
+0.00%
3d avg:−0.05%
Entry Spread Now
+0.064%
Eaten by executionL 78.2800 · S 78.3300+$6.39 if it converges
24h range −0.24%…+0.25% · median +0.01%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$24.36
−0.24%
$Avg Daily PnL
−$0.34
−0.0034%
★Best Day
+$1.00
Sep 24
◎Open Interest
⚡Funding APR
−1.24%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
never
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 (−$23.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.