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updated 8:13:48 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
−4.23%
3d Period Avg−5.63%
LONG Bybit · now
+10.96%
3d avg:+10.96%
SHORT BloFin · now
+6.73%
3d avg:+5.33%
Entry Spread Now
−0.025%
Eaten by executionL 0.08126 · S 0.08124−$2.46 if it converges
24h range −0.52%…+0.59% · median −0.01%
Long pays every4hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$28.26
−0.28%
$Avg Daily PnL
−$1.75
−0.0175%
★Best Day
−$0.83
Jul 21
◎Open Interest
⚡Funding APR
−6.40%
annualized · funding only
⚠Execution Cost
−$23.00
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 (−$23.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.