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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
−234.00%
3d Period Avg+18.09%
swing±41.19%
LONG Bybit · now
+295.83%
3d avg:+29.39%
SHORT Bitunix · now
+61.83%
3d avg:+47.48%
Entry Spread Now
−0.152%
Against youL 5.9300 · S 5.9210−$15.18 if it converges
24h range −0.93%…+0.15% · median −0.05%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$8.14
−0.08%
$Avg Daily PnL
+$4.95
+0.0495%
★Best Day
+$9.68
Sep 30
◎Open Interest
⚡Funding APR
+18.07%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
4.6d
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 (−$23.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.