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updated 9:21:24 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
+5.48%
3d Period Avg+8.82%
LONG Bybit · now
+0.00%
3d avg:+0.00%
SHORT trade[XYZ] · nowxyz:ASML
+5.48%
3d avg:+8.82%
Entry Spread Now
+0.051%
Eaten by executionL 1,807.27 · S 1,808.2+$5.15 if it converges
24h range −0.44%…+0.36% · median −0.06%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.030%/taker0.090%
Loading Funding History…
↗Total PnL
−$20.54
−0.21%
$Avg Daily PnL
+$2.12
+0.0212%
★Best Day
+$3.48
Jul 20
◎Open Interest
⚡Funding APR
+7.72%
annualized · funding only
⚠Execution Cost
−$29.00
entry + exit fees
⏱Payback
13.7d
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 (−$29.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.