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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.8d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+47.69%
30d Period Avg+15.72%
swing±40.87%
LONG Bybit · now
+0.00%
30d avg:+7.68%
SHORT LBank · now
+47.69%
30d avg:+23.40%
Entry Spread Now
−0.065%
Eaten by executionL 247.1200 · S 246.9600−$6.47 if it converges
24h range −0.26%…+0.13% · median −0.05%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$106.09
+1.06%
$Avg Daily PnL
+$4.30
+0.0430%
★Best Day
+$20.99
Sep 9
◎Open Interest
⚡Funding APR
+15.71%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
5.3d
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.