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updated 2:00:29 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
+9.47%
3d Period Avg+44.58%
LONG Bybit · now
−21.52%
3d avg:−50.83%
SHORT Toobit · nowNEO-SWAP-USDT
−12.05%
3d avg:−6.25%
Entry Spread Now
−0.248%
Against youL 2.0190 · S 2.0140−$24.76 if it converges
24h range −0.25%…+0.25% · median +0.00%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$13.62
+0.14%
$Avg Daily PnL
+$9.15
+0.0915%
★Best Day
+$31.59
Jul 19
◎Open Interest
⚡Funding APR
+33.41%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
2.5d
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.