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 covers it in ~163d
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
+0.55%
3d Period Avgβ1.32%
swingΒ±1.77%
LONG Pionex Β· nowXAG_USDT_PERP
β0.55%
3d avg:+1.49%
SHORT Bybit Β· now
+0.00%
3d avg:+0.17%
Entry Spread Now
+0.033%
In your favorL ask 61.1100 Β· S bid 61.1300+$3.27 at entry
24h range β0.08%β¦+0.26% Β· median +0.02%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding Historyβ¦
βTotal PnL
β$25.68
β0.26%
$Avg Daily PnL
β$0.36
β0.0036%
β
Best Day
β$0.06
Oct 10
βOpen Interest
Pionex$4.69M
Bybit$42.98Mβ‘Funding APR
β1.32%
annualized Β· funding only
β Execution Cost
β$24.60
entry + exit fees
β±Payback
never
to break even
β§24h Volume
Pionex$895.1KBybit$11.61MLoading Cumulative PnLβ¦
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 (β$24.60 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.