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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 ~11d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+6.79%
3d Period Avg+0.96%
swing±4.08%
LONG Bybit · now
+10.96%
3d avg:+10.96%
SHORT BingX · now
+17.75%
3d avg:+11.92%
Entry Spread Now
−0.021%
Eaten by executionL 0.04819 · S 0.04818−$2.08 if it converges
24h range −0.60%…+0.45% · median −0.04%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$20.21
−0.20%
$Avg Daily PnL
+$0.26
+0.0026%
★Best Day
+$0.79
Oct 16
◎Open Interest
⚡Funding APR
+0.96%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
2.7mo
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 (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.