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updated 9:01:00 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.1d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+428.46%
3d Period Avg+418.98%
LONG Reya · nowJTORUSDPERP
−425.31%
3d avg:−415.92%
SHORT Bybit · now
+3.16%
3d avg:+3.06%
Entry Spread Now
+0.127%
In your favorL 0.6061 · S 0.6069+$12.67 if it converges
24h range +0.07%…+0.21% · median +0.13%
Long pays every1hShort pays every4h
LONGmaker0.010%/taker0.030%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
+$327.03
+3.27%
$Avg Daily PnL
+$86.01
+0.8601%
★Best Day
+$115.44
Aug 15
◎Open Interest
⚡Funding APR
+313.93%
annualized · funding only
⚠Execution Cost
−$17.00
entry + exit fees
⏱Payback
4.8h
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 (−$17.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.