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updated 9:03:02 PMFunding Arbitrage Backtester
Size$
R-trip cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+30.61%
3d Period Avg+1.61%
LONG Bybit · now
−139.27%
3d avg:−45.03%
SHORT Variational · now
−108.66%
3d avg:−43.42%
Entry Spread Now
−0.292%
Eaten by executionL 0.01869 · S 0.01863−$29.18 if it converges
24h range −0.98%…+1.46% · median −0.16%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$56.98
−0.57%
$Avg Daily PnL
+$0.58
+0.0058%
★Best Day
+$1.09
Jul 20
◎Open Interest
⚡Funding APR
+2.12%
annualized · funding only
⚠Execution Cost
−$59.30
entry + exit fees
⏱Payback
3.4mo
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 (−$59.30 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.