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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.2d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+294.29%
3d Period Avg+287.92%
swing±229.30%
LONG MEXC · now
+10.52%
3d avg:−301.19%
SHORT Bybit · now
+304.81%
3d avg:−13.27%
Entry Spread Now
+0.747%
In your favorL 0.3976 · S 0.4005+$74.71 if it converges
24h range −2.60%…+3.79% · median +0.32%
Long pays every1hShort pays every1h
LONGmaker0%/taker0.020%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
+$93.65
+0.94%
$Avg Daily PnL
+$27.16
+0.2716%
★Best Day
+$51.62
Sep 23
◎Open Interest
⚡Funding APR
+99.15%
annualized · funding only
⚠Execution Cost
−$15.00
entry + exit fees
⏱Payback
13.2h
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 (−$15.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.