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updated 8:13:18 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
−363.00%
3d Period Avg−72.30%
LONG OKX · nowIWM-USDT-SWAP
+0.00%
3d avg:+0.00%
SHORT Bybit · now
−363.00%
3d avg:−72.30%
Entry Spread Now
+0.129%
In your favorL 293.8800 · S 294.2600+$12.93 if it converges
24h range −0.07%…+0.40% · median +0.14%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$80.39
−0.80%
$Avg Daily PnL
−$19.80
−0.1980%
★Best Day
−$9.23
Jul 21
◎Open Interest
⚡Funding APR
−72.25%
annualized · funding only
⚠Execution Cost
−$21.00
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 (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.