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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~17d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+11.57%
7d Period Avg+23.98%
swing±82.49%
LONG MEXC · now
−171.81%
7d avg:−142.36%
SHORT Bybit · now
−160.24%
7d avg:−118.38%
Entry Spread Now
+0.071%
Eaten by executionL 0.08443 · S 0.08449+$7.11 if it converges
24h range −2.02%…+2.23% · median +0.12%
Long pays every8hShort pays every4h
LONGmaker0%/taker0.020%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$8.30
−0.08%
$Avg Daily PnL
+$6.57
+0.0657%
★Best Day
+$24.97
Oct 7
◎Open Interest
⚡Funding APR
+23.97%
annualized · funding only
⚠Execution Cost
−$54.27
entry + exit fees
⏱Payback
8.3d
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 (−$54.27 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.