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updated 8:36:40 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
−2.93%
3d Period Avg−5.07%
LONG Bybit · now
+10.96%
3d avg:+10.96%
SHORT BloFin · now
+8.02%
3d avg:+5.89%
Entry Spread Now
−0.077%
Eaten by executionL 0.1300 · S 0.1299−$7.69 if it converges
24h range −0.72%…+0.18% · median −0.04%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$27.43
−0.27%
$Avg Daily PnL
−$1.48
−0.0148%
★Best Day
+$0.19
Jul 20
◎Open Interest
⚡Funding APR
−5.39%
annualized · funding only
⚠Execution Cost
−$23.00
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 (−$23.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.