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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 ~12d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+8.42%
30d Period Avg+0.43%
swing±7.91%
LONG Bitunix · now
+2.53%
30d avg:+7.74%
SHORT Bybit · now
+10.96%
30d avg:+8.17%
Entry Spread Now
+0.072%
Eaten by executionL 0.02786 · S 0.02788+$7.18 if it converges
24h range −0.58%…+0.33% · median +0.02%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$23.09
−0.23%
$Avg Daily PnL
+$0.12
+0.0012%
★Best Day
+$3.19
Sep 14
◎Open Interest
⚡Funding APR
+0.43%
annualized · funding only
⚠Execution Cost
−$26.59
entry + exit fees
⏱Payback
7.6mo
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 (−$26.59 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.