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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
7d Period Avg+34.26%
swing±85.67%
LONG Bybit · now
+10.96%
7d avg:−48.30%
SHORT BingX · now
+10.96%
7d avg:−14.04%
Entry Spread Now
−0.108%
Against youL 1.9371 · S 1.9350−$10.84 if it converges
24h range −0.88%…+0.59% · median −0.09%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$11.08
+0.11%
$Avg Daily PnL
+$4.58
+0.0458%
★Best Day
+$18.70
Oct 8
◎Open Interest
⚡Funding APR
+16.73%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
4.6d
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.