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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 ~6.0d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+21.43%
3d Period Avg+16.87%
swing±6.79%
LONG Bybit · now
+2.68%
3d avg:+5.29%
SHORT BloFin · now
+24.11%
3d avg:+22.16%
Entry Spread Now
+0.014%
NeutralL 6.9150 · S 6.9160
24h range −0.31%…+1.14% · median +0.09%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$21.36
−0.21%
$Avg Daily PnL
+$4.62
+0.0462%
★Best Day
+$4.26
Sep 29
◎Open Interest
⚡Funding APR
+16.86%
annualized · funding only
⚠Execution Cost
−$35.22
entry + exit fees
⏱Payback
7.6d
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 (−$35.22 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.