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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
7d Period Avg+33.56%
swing±38.36%
LONG Bitget · now
+10.96%
7d avg:+11.29%
SHORT Bybit · now
+10.96%
7d avg:+44.85%
Entry Spread Now
−0.107%
Eaten by executionL 0.7503 · S 0.7495−$10.66 if it converges
24h range −0.83%…+1.05% · median −0.03%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$60.28
−0.60%
$Avg Daily PnL
+$9.19
+0.0919%
★Best Day
+$19.17
Sep 26
◎Open Interest
⚡Funding APR
+33.53%
annualized · funding only
⚠Execution Cost
−$124.59
entry + exit fees
⏱Payback
13.6d
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 (−$124.59 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.