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updated 2:00:16 PMFunding Arbitrage Backtester
Size$
R-trip cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+1.05%
3d Period Avg+14.37%
LONG Bybit · now
+0.00%
3d avg:+0.00%
SHORT Toobit · nowHOOD2-SWAP-USDT
+1.05%
3d avg:+14.37%
Entry Spread Now
+0.038%
Eaten by executionL 105.7600 · S 105.8000+$3.78 if it converges
24h range −0.87%…+0.25% · median −0.03%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$11.20
−0.11%
$Avg Daily PnL
+$2.95
+0.0295%
★Best Day
+$5.77
Jul 19
◎Open Interest
⚡Funding APR
+10.77%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
7.8d
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 (−$23.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.