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updated 10:30:03 PMFunding Arbitrage Backtester
Size$
R-trip cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+10.96%
3d Period Avg+23.65%
LONG Bybit · nowAMDSTOCKUSDT
+0.00%
3d avg:−12.69%
SHORT Toobit · nowAMD-SWAP-USDT
+10.96%
3d avg:+10.96%
Entry Spread Now
−0.046%
Eaten by executionL 544.7300 · S 544.4800−$4.59 if it converges
24h range −0.58%…+0.49% · median −0.06%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$3.58
−0.04%
$Avg Daily PnL
+$6.47
+0.0647%
★Best Day
+$9.69
Jul 19
◎Open Interest
⚡Funding APR
+23.63%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
3.5d
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.