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updated 12:51:35 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
−6.91%
3d Period Avg−9.65%
LONG Bybit · now
+51.84%
3d avg:+15.41%
SHORT Toobit · nowNFLX-SWAP-USDT
+44.93%
3d avg:+5.76%
Entry Spread Now
−0.087%
Eaten by executionL 68.9400 · S 68.8800−$8.70 if it converges
24h range −0.31%…+0.22% · median −0.06%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$30.92
−0.31%
$Avg Daily PnL
−$1.98
−0.0198%
★Best Day
+$1.17
Jul 20
◎Open Interest
⚡Funding APR
−7.23%
annualized · funding only
⚠Execution Cost
−$23.00
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 + 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.