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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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−126.69%
3d Period Avg+9.49%
swing±26.15%
LONG Bybit · now
+140.72%
3d avg:+15.03%
SHORT Binance Futures · now
+14.03%
3d avg:+24.52%
Entry Spread Now
−0.894%
Eaten by executionL 0.01566 · S 0.01552−$89.40 if it converges
24h range −0.58%…+0.64% · median −0.09%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$544.39
−5.44%
$Avg Daily PnL
+$2.60
+0.0260%
★Best Day
+$6.31
Oct 15
◎Open Interest
⚡Funding APR
+9.49%
annualized · funding only
⚠Execution Cost
−$552.19
entry + exit fees
⏱Payback
7.1mo
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 (−$552.19 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.