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updated 2:01:41 PMFunding Arbitrage Backtester
Size$
R-trip cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+8.74%
3d Period Avg+6.10%
LONG Bybit · now
+0.00%
3d avg:+0.00%
SHORT Toobit · nowCOIN-SWAP-USDT
+8.74%
3d avg:+6.10%
Entry Spread Now
−0.481%
Against youL 176.8700 · S 176.0200−$48.06 if it converges
24h range −0.92%…+0.17% · median −0.07%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$21.95
−0.22%
$Avg Daily PnL
+$1.25
+0.0125%
★Best Day
+$3.14
Jul 20
◎Open Interest
⚡Funding APR
+4.57%
annualized · funding only
⚠Execution Cost
−$26.96
entry + exit fees
⏱Payback
21.5d
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 (−$26.96 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.