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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+14.76%
swing±18.66%
LONG Bybit · now
+10.96%
3d avg:−3.80%
SHORT Pionex · nowLIT_USDT_PERP
+10.96%
3d avg:+10.96%
Entry Spread Now
+0.106%
In your favorL 3.7632 · S 3.7672+$10.65 if it converges
24h range −0.24%…+0.41% · median +0.03%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$8.88
−0.09%
$Avg Daily PnL
+$4.04
+0.0404%
★Best Day
+$6.64
Oct 11
◎Open Interest
⚡Funding APR
+14.75%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
5.2d
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.