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updated 9:42:56 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
+50.29%
3d Period Avg+18.44%
LONG Bybit · now
+10.96%
3d avg:+8.27%
SHORT Toobit · nowMEGA-SWAP-USDT
+61.25%
3d avg:+26.71%
Entry Spread Now
−0.046%
Eaten by executionL 0.04375 · S 0.04373−$4.57 if it converges
24h range −0.51%…+0.69% · median −0.02%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$7.85
−0.08%
$Avg Daily PnL
+$5.05
+0.0505%
★Best Day
+$6.19
Jul 21
◎Open Interest
⚡Funding APR
+18.43%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
4.6d
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.