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updated 2:00:29 PMFunding Arbitrage Backtester
Size$
R-trip cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+13.92%
3d Period Avg+17.20%
LONG Bybit · now
+10.96%
3d avg:+7.54%
SHORT Toobit · nowMEGA-SWAP-USDT
+24.88%
3d avg:+24.74%
Entry Spread Now
−0.114%
Eaten by executionL 0.04368 · S 0.04363−$11.45 if it converges
24h range −0.51%…+0.38% · median −0.02%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$8.87
−0.09%
$Avg Daily PnL
+$3.53
+0.0353%
★Best Day
+$4.92
Jul 20
◎Open Interest
⚡Funding APR
+12.89%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
6.5d
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 (−$23.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.