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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 ~0.5d
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
+251.26%
7d Period Avg+10.32%
swingΒ±59.64%
LONG Bybit Β· now
β452.31%
7d avg:β84.63%
SHORT Toobit Β· nowORCA-SWAP-USDT
β201.05%
7d avg:β74.31%
Entry Spread Now
β0.422%
Against youL 2.9856 Β· S 2.9730β$42.20 if it converges
24h range β2.41%β¦+4.58% Β· median β0.40%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding Historyβ¦
βTotal PnL
β$39.70
β0.40%
$Avg Daily PnL
β$0.94
β0.0094%
β
Best Day
+$5.73
Oct 7
βOpen Interest
β‘Funding APR
β3.43%
annualized Β· funding only
β Execution Cost
β$33.12
entry + exit fees
β±Payback
never
to break even
β§24h Volume
Loading 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$33.12 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.