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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 ~10d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+7.58%
3d Period Avg+67.22%
swing±47.88%
LONG Crypto.com · nowMOODENGUSD-PERP
+3.38%
3d avg:−48.84%
SHORT Bybit · now
+10.96%
3d avg:+18.38%
Entry Spread Now
+0.234%
In your favorL 0.04795 · S 0.04806+$23.36 if it converges
24h range −0.56%…+0.55% · median +0.20%
Long pays every1hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
+$34.06
+0.34%
$Avg Daily PnL
+$18.35
+0.1835%
★Best Day
+$22.08
Sep 30
◎Open Interest
⚡Funding APR
+66.99%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
1.1d
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 (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.