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updated 7:40:56 PMFunding Arbitrage Backtester
Size$
R-trip cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+14.15%
3d Period Avg+22.33%
LONG Bybit · now
−3.19%
3d avg:−11.37%
SHORT LBank · now
+10.96%
3d avg:+10.96%
Entry Spread Now
+0.233%
Eaten by executionL 90.2300 · S 90.4400+$23.27 if it converges
24h range −2.10%…+3.24% · median +0.20%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$61.99
−0.62%
$Avg Daily PnL
+$4.83
+0.0483%
★Best Day
+$12.26
Aug 2
◎Open Interest
⚡Funding APR
+17.65%
annualized · funding only
⚠Execution Cost
−$81.33
entry + exit fees
⏱Payback
16.8d
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 (−$81.33 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.