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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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−0.84%
7d Period Avg+6.05%
swing±115.34%
LONG Bybit · nowBZUSDT
+0.00%
7d avg:−109.86%
SHORT BloFin · nowBZ-USDT
−0.84%
7d avg:−103.81%
Entry Spread Now
−0.019%
Against youL ask 102.3400 · S bid 102.3200−$1.95 at entry
24h range −0.08%…+0.03% · median −0.02%
Long pays every8hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$11.17
+0.11%
$Avg Daily PnL
+$5.68
+0.0568%
★Best Day
+$18.82
Oct 10
◎Open Interest
⚡Funding APR
+20.73%
annualized · funding only
⚠Execution Cost
−$28.59
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 + live L2 orderbook slippage on both legs (−$28.59 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.