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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 ~2.0d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+103.62%
3d Period Avg+79.75%
swing±78.47%
LONG HTX · now
+10.96%
3d avg:+10.96%
SHORT Bybit · now
+114.58%
3d avg:+90.71%
Entry Spread Now
−0.023%
Eaten by executionL 1.3363 · S 1.3359−$2.34 if it converges
24h range −3.23%…+5.26% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
+$10.01
+0.10%
$Avg Daily PnL
+$21.84
+0.2184%
★Best Day
+$24.11
Sep 29
◎Open Interest
⚡Funding APR
+79.70%
annualized · funding only
⚠Execution Cost
−$55.50
entry + exit fees
⏱Payback
2.5d
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 (−$55.50 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.