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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 ~0.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+128.67%
30d Period Avg−20.26%
swing±100.21%
LONG Aster · now
−117.71%
30d avg:−31.68%
SHORT Bybit · now
+10.96%
30d avg:−51.94%
Entry Spread Now
+0.054%
Eaten by executionL 0.004675 · S 0.004677+$5.37 if it converges
24h range −0.36%…+0.76% · median −0.01%
Long pays every1hShort pays every4h
LONGmaker0.010%/taker0.040%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$139.08
−1.39%
$Avg Daily PnL
−$4.00
−0.0400%
★Best Day
+$22.48
Sep 25
◎Open Interest
⚡Funding APR
−14.61%
annualized · funding only
⚠Execution Cost
−$19.00
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 (−$19.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.