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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+10.68%
swing±21.98%
LONG Bybit · now
+10.96%
3d avg:+0.28%
SHORT HTX · now
+10.96%
3d avg:+10.96%
Entry Spread Now
+0.170%
In your favorL 2.0560 · S 2.0595+$17.02 if it converges
24h range −1.62%…+1.86% · median +0.17%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$12.23
−0.12%
$Avg Daily PnL
+$2.92
+0.0292%
★Best Day
+$3.66
Oct 1
◎Open Interest
⚡Funding APR
+10.67%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
7.2d
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 (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.