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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 ~2.8d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+29.89%
3d Period Avg−8.56%
swing±48.37%
LONG Bybit · now
+0.00%
3d avg:+5.07%
SHORT Bitunix · now
+29.89%
3d avg:−3.49%
Entry Spread Now
−0.059%
Eaten by executionL 135.5600 · S 135.4800−$5.90 if it converges
24h range −0.32%…+0.07% · median −0.10%
Long pays every8hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$30.03
−0.30%
$Avg Daily PnL
−$2.34
−0.0234%
★Best Day
+$4.76
Sep 29
◎Open Interest
⚡Funding APR
−8.55%
annualized · funding only
⚠Execution Cost
−$23.00
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 (−$23.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.