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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 ~22d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+3.51%
30d Period Avg+122.53%
swing±120.36%
LONG Crypto.com · nowBANANAUSD-PERP
+7.45%
30d avg:−113.19%
SHORT Bybit · now
+10.96%
30d avg:+9.34%
Entry Spread Now
+0.024%
Eaten by executionL 4.0870 · S 4.0880+$2.45 if it converges
24h range −0.39%…+0.45% · median +0.10%
Long pays every1hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
+$984.88
+9.85%
$Avg Daily PnL
+$33.53
+0.3353%
★Best Day
+$80.54
Sep 4
◎Open Interest
⚡Funding APR
+122.38%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
15.1h
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 (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.