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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−102.06%
3d Period Avg−115.92%
swing±20.43%
LONG Crypto.com · nowNEARUSD-PERP
+113.02%
3d avg:+119.16%
SHORT Bybit · now
+10.96%
3d avg:+3.24%
Entry Spread Now
−0.025%
Against youL ask 4.7382 · S bid 4.7370−$2.53 at entry
24h range −0.34%…+0.21% · median −0.09%
Long pays every1hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$169.05
−1.69%
$Avg Daily PnL
−$30.13
−0.3013%
★Best Day
−$3.09
Sep 30
◎Open Interest
⚡Funding APR
−109.96%
annualized · funding only
⚠Execution Cost
−$78.67
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 + live L2 orderbook slippage on both legs (−$78.67 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.