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updated 12:48:35 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−5.65%
LONG Bybit · nowICPPERP
+10.96%
3d avg:+10.96%
SHORT Toobit · nowICP-SWAP-USDT
+10.96%
3d avg:+5.31%
Entry Spread Now
+0.174%
In your favorL 2.3040 · S 2.3080+$17.36 if it converges
24h range −0.46%…+0.61% · median +0.00%
Long pays every4hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$27.64
−0.28%
$Avg Daily PnL
−$1.16
−0.0116%
★Best Day
+$0.00
Aug 20
◎Open Interest
Bybit$109.9K
Toobit$193.2K⚡Funding APR
−4.23%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
Bybit$58.2KToobit$6.71MLoading 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.