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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 ~3.3d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+23.23%
30d Period Avg+30.28%
swing±36.27%
LONG Bybit · now
+10.96%
30d avg:+14.38%
SHORT BingX · now
+34.19%
30d avg:+44.66%
Entry Spread Now
−0.162%
Against youL 0.01662 · S 0.01659−$16.25 if it converges
24h range −0.49%…+0.42% · median −0.01%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$227.71
+2.28%
$Avg Daily PnL
+$8.29
+0.0829%
★Best Day
+$24.93
Sep 30
◎Open Interest
⚡Funding APR
+30.26%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
2.5d
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.