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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 ~6.1d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+44.81%
3d Period Avg+35.09%
swing±20.04%
LONG Bybit · now
+0.00%
3d avg:+0.00%
SHORT Paragon · nowpara:COHR
+44.81%
3d avg:+35.09%
Entry Spread Now
+0.010%
NeutralL 295.3200 · S 295.3500
24h range −0.37%…+0.14% · median −0.02%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.030%/taker0.090%
Loading Funding History…
↗Total PnL
−$45.45
−0.45%
$Avg Daily PnL
+$9.61
+0.0961%
★Best Day
+$10.85
Sep 29
◎Open Interest
⚡Funding APR
+35.08%
annualized · funding only
⚠Execution Cost
−$74.28
entry + exit fees
⏱Payback
7.7d
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 (−$74.28 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.