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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 ~123d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+1.00%
3d Period Avg+4.46%
swing±20.13%
LONG Bybit · now
+0.00%
3d avg:+7.92%
SHORT Bitunix · now
+1.00%
3d avg:+12.38%
Entry Spread Now
+0.060%
Eaten by executionL 299.3700 · S 299.5500+$6.01 if it converges
24h range −0.22%…+0.92% · median +0.07%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$30.17
−0.30%
$Avg Daily PnL
+$1.22
+0.0122%
★Best Day
+$4.01
Oct 1
◎Open Interest
⚡Funding APR
+4.45%
annualized · funding only
⚠Execution Cost
−$33.83
entry + exit fees
⏱Payback
27.7d
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 (−$33.83 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.