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updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding never covers this cost
β Slippage not modeled β actual cost may differ
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
β35.04%
3d Period Avgβ17.70%
swingΒ±67.14%
LONG OKX Β· nowBSP-USDT-SWAP
+0.00%
3d avg:β37.53%
SHORT Bybit Β· now
β35.04%
3d avg:β55.23%
Entry Spread Now
β0.036%
Eaten by executionL 55.8100 Β· S 55.7900β$3.58 if it converges
24h range β0.43%β¦+1.14% Β· median β0.02%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding Historyβ¦
βTotal PnL
β$35.53
β0.36%
$Avg Daily PnL
β$4.84
β0.0484%
β
Best Day
+$11.34
Oct 14
βOpen Interest
β‘Funding APR
β17.68%
annualized Β· funding only
β Execution Cost
β$21.00
entry + exit fees
β±Payback
never
to break even
β§24h Volume
Loading Cumulative PnLβ¦
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 (β$21.00 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.