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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+41.93%
swing±78.58%
LONG Bybit · now
+10.96%
3d avg:−30.97%
SHORT MEXC · now
+10.96%
3d avg:+10.96%
Entry Spread Now
−0.122%
Against youL 1.3967 · S 1.3950−$12.17 if it converges
24h range −0.30%…−0.06% · median −0.17%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0%/taker0.020%
Loading Funding History…
↗Total PnL
+$19.44
+0.19%
$Avg Daily PnL
+$11.48
+0.1148%
★Best Day
+$24.00
Oct 8
◎Open Interest
⚡Funding APR
+41.90%
annualized · funding only
⚠Execution Cost
−$15.00
entry + exit fees
⏱Payback
1.3d
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 (−$15.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.