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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 ~1.5d
ⓘSlippage estimate may be inaccurate (thin orderbook or partial fill)
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+97.96%
3d Period Avg+16.73%
swing±67.46%
LONG Bybit · nowBZUSDT
−9.67%
3d avg:−4.71%
SHORT Crypto.com · nowBZUSD-PERP
+88.28%
3d avg:+12.02%
Entry Spread Now
−0.098%
Against youL ask 107.7000 · S bid 107.5950−$9.75 at entry
24h range −0.65%…+0.32% · median −0.09%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$25.66
−0.26%
$Avg Daily PnL
+$4.71
+0.0471%
★Best Day
+$7.11
Oct 20
◎Open Interest
⚡Funding APR
+17.19%
annualized · funding only
⚠Execution Cost
−$39.79
entry + exit fees
⏱Payback
8.4d
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 + live L2 orderbook slippage on both legs (−$39.79 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.