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updated 7:22:55 PMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+2.54%
LONG Variational · now
+0.00%
3d avg:+4.20%
SHORT Bybit · now
+0.00%
3d avg:+6.74%
Entry Spread Now
+0.087%
In your favorL ask 103.2300 · S bid 103.3200+$8.72 at entry
24h range −0.12%…+0.42% · median +0.10%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$23.81
−0.24%
$Avg Daily PnL
+$0.52
+0.0052%
★Best Day
+$1.79
Aug 16
◎Open Interest
Variational$3.07M
Bybit$9.81M⚡Funding APR
+1.90%
annualized · funding only
⚠Execution Cost
−$25.90
entry + exit fees
⏱Payback
1.7mo
to break even
◧24h Volume
Variational$3.13MBybit$4.75MLoading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (−$25.90 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.