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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−12.18%
7d Period Avg+15.37%
swing±18.03%
LONG Bybit · now
+4.64%
7d avg:−8.26%
SHORT Binance Futures · now
−7.55%
7d avg:+7.11%
Entry Spread Now
−0.257%
Against youL 0.1116 · S 0.1113−$25.72 if it converges
24h range −0.86%…+0.23% · median −0.12%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$8.45
+0.08%
$Avg Daily PnL
+$4.21
+0.0421%
★Best Day
+$8.46
Oct 13
◎Open Interest
⚡Funding APR
+15.36%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
5.0d
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.