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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 ~8.4d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+11.71%
3d Period Avg+2.51%
swing±9.89%
LONG WEEX · now
−11.71%
3d avg:−2.51%
SHORT Bybit · now
+0.00%
3d avg:+0.00%
Entry Spread Now
−0.059%
Eaten by executionL 169.3300 · S 169.2300−$5.91 if it converges
24h range −0.15%…+0.21% · median −0.01%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.080%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$24.94
−0.25%
$Avg Daily PnL
+$0.69
+0.0069%
★Best Day
+$3.13
Sep 30
◎Open Interest
⚡Funding APR
+2.51%
annualized · funding only
⚠Execution Cost
−$27.00
entry + exit fees
⏱Payback
1.3mo
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 (−$27.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.