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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 ~8.0d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+34.15%
30d Period Avg+12.34%
swing±70.46%
LONG Bybit · now
+0.00%
30d avg:−4.69%
SHORT Paragon · nowpara:COHR
+34.15%
30d avg:+7.65%
Entry Spread Now
−0.233%
Eaten by executionL 293.9900 · S 293.3050−$23.30 if it converges
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
+$29.87
+0.30%
$Avg Daily PnL
+$3.49
+0.0349%
★Best Day
+$21.39
Sep 7
◎Open Interest
⚡Funding APR
+12.74%
annualized · funding only
⚠Execution Cost
−$74.82
entry + exit fees
⏱Payback
21.4d
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 (−$74.82 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.