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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 ~1.3d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+60.44%
30d Period Avg+5.21%
swing±42.53%
LONG Bybit · nowGMESTOCKUSDT
+0.00%
30d avg:+5.40%
SHORT Crypto.com · nowGMEUSD-PERP
+60.44%
30d avg:+10.61%
Entry Spread Now
−0.444%
Against youL 24.7700 · S 24.6600−$44.41 if it converges
24h range −1.08%…−0.21% · median −0.48%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$19.57
+0.20%
$Avg Daily PnL
+$1.35
+0.0135%
★Best Day
+$10.98
Sep 16
◎Open Interest
⚡Funding APR
+4.94%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
15.5d
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 (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.