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updated 9:20:32 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
+7.35%
3d Period Avg+46.57%
LONG Bybit · now
−7.10%
3d avg:−52.80%
SHORT Toobit · nowNEO-SWAP-USDT
+0.25%
3d avg:−6.23%
Entry Spread Now
−0.049%
Eaten by executionL 2.0370 · S 2.0360−$4.91 if it converges
24h range −0.58%…+0.25% · median +0.00%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$15.25
+0.15%
$Avg Daily PnL
+$12.75
+0.1275%
★Best Day
+$31.59
Jul 19
◎Open Interest
⚡Funding APR
+46.53%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
1.8d
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.