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updated 12:08:05 PMFunding Arbitrage Backtester
Size$
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−1.79%
LONG Bybit · now
+10.96%
3d avg:+10.96%
SHORT Toobit · nowGMX-SWAP-USDT
+10.96%
3d avg:+9.17%
Entry Spread Now
−0.090%
Eaten by executionL 6.6600 · S 6.6540−$9.01 if it converges
24h range −0.34%…+0.39% · median −0.07%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$24.46
−0.24%
$Avg Daily PnL
−$0.37
−0.0037%
★Best Day
+$0.00
Aug 14
◎Open Interest
Bybit$717.4K
Toobit$4.6K⚡Funding APR
−1.34%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
Bybit$124.4KToobit$757.1KLoading 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 (−$23.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.