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updated 4:17:29 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
+40.66%
3d Period Avg+5.15%
LONG Bybit · now
−63.67%
3d avg:+3.23%
SHORT Bitget · now
−23.01%
3d avg:+8.38%
Entry Spread Now
−0.053%
Eaten by executionL 0.03763 · S 0.03761−$5.31 if it converges
24h range −0.48%…+0.33% · median −0.08%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$17.67
−0.18%
$Avg Daily PnL
+$1.78
+0.0178%
★Best Day
+$2.53
Jul 19
◎Open Interest
⚡Funding APR
+6.49%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
12.9d
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.