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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
−30.71%
3d Period Avg−33.00%
swing±14.41%
LONG Crypto.com · nowHBARUSD-PERP
+33.20%
3d avg:+34.55%
SHORT Bybit · now
+2.49%
3d avg:+1.55%
Entry Spread Now
−0.063%
Eaten by executionL 0.1025 · S 0.1024−$6.34 if it converges
24h range −0.49%…+0.16% · median −0.08%
Long pays every1hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$47.65
−0.48%
$Avg Daily PnL
−$8.88
−0.0888%
★Best Day
−$1.21
Sep 30
◎Open Interest
⚡Funding APR
−32.42%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
never
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.