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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~86d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+8.72%
3d Period Avg+96.24%
swing±103.85%
LONG Bybit · now
+0.00%
3d avg:+0.00%
SHORT Crypto.com · nowONDSUSD-PERP
+8.72%
3d avg:+96.24%
Entry Spread Now
−0.054%
Eaten by executionL 7.4640 · S 7.4600−$5.36 if it converges
24h range −0.35%…+0.77% · median −0.09%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$126.90
−1.27%
$Avg Daily PnL
+$26.17
+0.2617%
★Best Day
+$46.94
Sep 29
◎Open Interest
⚡Funding APR
+95.53%
annualized · funding only
⚠Execution Cost
−$205.42
entry + exit fees
⏱Payback
7.8d
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 (−$205.42 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.