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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
+0.00%
7d Period Avg+14.40%
swing±23.56%
LONG Toobit · nowONG-SWAP-USDT
+10.96%
7d avg:−14.58%
SHORT Bitget · now
+10.96%
7d avg:−0.18%
Entry Spread Now
+0.073%
Eaten by executionL 0.09565 · S 0.09572+$7.32 if it converges
24h range −0.31%…+0.49% · median +0.08%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$51.48
−0.51%
$Avg Daily PnL
+$0.47
+0.0047%
★Best Day
+$5.11
Sep 26
◎Open Interest
⚡Funding APR
+1.73%
annualized · funding only
⚠Execution Cost
−$54.80
entry + exit fees
⏱Payback
3.8mo
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 (−$54.80 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.