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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
−17.86%
3d Period Avg−17.86%
LONG Bybit · now
+0.00%
3d avg:+0.00%
SHORT Bitunix · now
−17.86%
3d avg:−17.86%
Entry Spread Now
+0.087%
Eaten by executionL 11.5300 · S 11.5400+$8.67 if it converges
24h range −0.33%…+0.34% · median +0.09%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$97.57
−0.98%
$Avg Daily PnL
−$4.89
−0.0489%
★Best Day
−$1.63
Oct 1
◎Open Interest
⚡Funding APR
−17.85%
annualized · funding only
⚠Execution Cost
−$82.90
entry + exit fees
⏱Payback
never
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 (−$82.90 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.