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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
−17.73%
3d Period Avg−4.25%
swing±19.39%
LONG Crypto.com · nowONDOUSD-PERP
+28.69%
3d avg:+12.26%
SHORT Bybit · now
+10.96%
3d avg:+8.01%
Entry Spread Now
−0.022%
Eaten by executionL 0.4913 · S 0.4912−$2.24 if it converges
24h range −0.25%…+0.16% · median −0.05%
Long pays every1hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$28.92
−0.29%
$Avg Daily PnL
−$1.28
−0.0128%
★Best Day
+$0.82
Sep 30
◎Open Interest
⚡Funding APR
−4.65%
annualized · funding only
⚠Execution Cost
−$25.09
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 (−$25.09 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.