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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 ~8.8d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+8.72%
30d Period Avg+85.13%
swing±104.54%
LONG Bybit · now
+0.00%
30d avg:+0.30%
SHORT Crypto.com · nowONDSUSD-PERP
+8.72%
30d avg:+85.43%
Entry Spread Now
−0.094%
Eaten by executionL 7.4570 · S 7.4500−$9.39 if it converges
24h range −0.35%…+0.77% · median −0.08%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$681.73
+6.82%
$Avg Daily PnL
+$23.42
+0.2342%
★Best Day
+$81.00
Sep 2
◎Open Interest
⚡Funding APR
+85.50%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
21.6h
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 (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.