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updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding covers it in ~3.6d
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
+51.99%
7d Period Avg+18.52%
swingΒ±136.83%
LONG Bybit Β· now
β938.23%
7d avg:β15.34%
SHORT BingX Β· now
β886.24%
7d avg:+3.18%
Entry Spread Now
β0.868%
Against youL ask 0.05646 Β· S bid 0.05597β$86.79 at entry
24h range β2.86%β¦+1.34% Β· median β0.67%
Long pays every1hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Sparse settlements: long 26%, short 24% of expected. KPIs may be noisy.
Loading Funding Historyβ¦
βTotal PnL
β$39.82
β0.40%
$Avg Daily PnL
+$1.73
+0.0173%
β
Best Day
+$5.89
Oct 6
βOpen Interest
β‘Funding APR
+6.31%
annualized Β· funding only
β Execution Cost
β$51.92
entry + exit fees
β±Payback
1.0mo
to break even
β§24h Volume
Loading Cumulative PnLβ¦
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (β$51.92 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.