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updated 8:00:29 PMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~6.4d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+13.63%
3d Period Avg+32.96%
LONG Bitget · now
−438.96%
3d avg:−159.85%
SHORT Toobit · nowCOW-SWAP-USDT
−425.33%
3d avg:−126.89%
Entry Spread Now
+0.092%
Eaten by executionL 0.1090 · S 0.1091+$9.17 if it converges
24h range −1.66%…+1.06% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$8.46
−0.08%
$Avg Daily PnL
+$5.18
+0.0518%
★Best Day
+$20.56
Aug 17
◎Open Interest
⚡Funding APR
+18.91%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
4.6d
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 (−$24.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.