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updated 11:14:56 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~8.7d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+9.65%
3d Period Avg−4.89%
LONG Bitunix · now
+1.31%
3d avg:+8.60%
SHORT Bybit · now
+10.96%
3d avg:+3.71%
Entry Spread Now
−0.114%
Eaten by executionL 0.01315 · S 0.01314−$11.41 if it converges
24h range −0.23%…+0.28% · median +0.02%
Long pays every4hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$26.74
−0.27%
$Avg Daily PnL
−$0.94
−0.0094%
★Best Day
+$0.00
Aug 15
◎Open Interest
⚡Funding APR
−3.42%
annualized · funding only
⚠Execution Cost
−$23.00
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 + fees only (orderbook snapshot stale) on both legs (−$23.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.