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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+151.59%
30d Period Avg+68.93%
swing±89.71%
LONG Bybit · now
+0.00%
30d avg:+14.27%
SHORT Crypto.com · nowIRENUSD-PERP
+151.59%
30d avg:+83.20%
Entry Spread Now
−0.071%
Eaten by executionL 28.2500 · S 28.2300−$7.08 if it converges
24h range −1.21%…+0.51% · median −0.11%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$541.16
+5.41%
$Avg Daily PnL
+$18.74
+0.1874%
★Best Day
+$45.74
Sep 23
◎Open Interest
⚡Funding APR
+68.40%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
1.1d
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 (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.