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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
−895.45%
3d Period Avg+74.87%
swing±197.62%
LONG Bybit · now
+10.96%
3d avg:+10.96%
SHORT Coinbase International · nowBILL-PERP
−884.49%
3d avg:+85.83%
Entry Spread Now
−4.228%
Against youL 0.01159 · S 0.01110−$422.78 if it converges
24h range −4.31%…+4.87% · median +0.21%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.040%
Loading Funding History…
↗Total PnL
+$17.14
+0.17%
$Avg Daily PnL
+$12.05
+0.1205%
★Best Day
+$32.24
Sep 29
◎Open Interest
⚡Funding APR
+43.97%
annualized · funding only
⚠Execution Cost
−$19.00
entry + exit fees
⏱Payback
1.6d
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 (−$19.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.