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updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding covers it in ~0.3d
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
+376.60%
3d Period Avg+24.93%
swingΒ±90.22%
LONG Bybit Β· now
β569.50%
3d avg:β210.11%
SHORT Toobit Β· nowORCA-SWAP-USDT
β192.90%
3d avg:β185.18%
Entry Spread Now
β0.889%
Against youL 2.9361 Β· S 2.9100β$88.89 if it converges
24h range β2.41%β¦+4.58% Β· median β0.41%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding Historyβ¦
βTotal PnL
β$35.73
β0.36%
$Avg Daily PnL
β$1.96
β0.0196%
β
Best Day
+$5.73
Oct 7
βOpen Interest
Bybit$9.40M
Toobit$16.66Mβ‘Funding APR
β7.15%
annualized Β· funding only
β Execution Cost
β$29.85
entry + exit fees
β±Payback
never
to break even
β§24h Volume
Bybit$100.75MToobit$46.18MLoading Cumulative PnLβ¦
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 (β$29.85 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.