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updated 2:00:30 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
−28.74%
3d Period Avg+4.54%
LONG Bybit · now
+10.96%
3d avg:−25.18%
SHORT Toobit · nowJST-SWAP-USDT
−17.78%
3d avg:−20.64%
Entry Spread Now
+0.141%
In your favorL 0.1005 · S 0.1006+$14.13 if it converges
24h range −0.39%…+0.14% · median −0.10%
Long pays every8hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$19.27
−0.19%
$Avg Daily PnL
+$0.93
+0.0093%
★Best Day
+$4.21
Jul 20
◎Open Interest
⚡Funding APR
+3.40%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
24.7d
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.