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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg−0.05%
swing±4.66%
LONG Bybit · now
+10.96%
3d avg:+2.65%
SHORT Pionex · nowAVAX_USDT_PERP
+10.96%
3d avg:+2.60%
Entry Spread Now
+0.046%
In your favorL ask 10.7910 · S bid 10.7960+$4.63 at entry
24h range −0.20%…+0.24% · median +0.02%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$28.65
−0.29%
$Avg Daily PnL
−$0.01
−0.0001%
★Best Day
+$0.67
Oct 11
◎Open Interest
⚡Funding APR
−0.05%
annualized · funding only
⚠Execution Cost
−$28.61
entry + exit fees
⏱Payback
never
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 + live L2 orderbook slippage on both legs (−$28.61 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.