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updated —INIT Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.0d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+3779.40%
1d Period Avg+280.49%
LONG Bybit · now
−3652.56%
1d avg:−153.65%
SHORT Crypto.com · nowINITUSD-PERP
+126.84%
1d avg:+126.84%
Entry Spread Now
−1.120%
Against youL 0.1027 · S 0.1015−$111.99 if it converges
24h range −1.73%…+5.84% · median +1.61%
Long pays every1hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Sparse settlements: long 50%, short 4% of expected. KPIs may be noisy.
New venue — the two legs barely overlap yet (one leg has no full settlement inside the shared window). Funding lines are shown per-leg, but PnL/KPIs cover only the tiny overlap and are not meaningful until the new venue accrues more history.
Loading Funding History…
↗Total PnL
−$18.98
−0.19%
$Avg Daily PnL
+$2.02
+0.0202%
★Best Day
+$10.29
Nov 14
◎Open Interest
Bybit$4.88M
Crypto.com$2.8K⚡Funding APR
+7.38%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
10.4d
to break even
◧24h Volume
Bybit$31.78MCrypto.com$5.3KLoading 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.