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updated 5:07:03 PMFunding Arbitrage Backtester
Size$
R-trip cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−45.56%
30d Period Avg+0.49%
LONG Bybit · now
−1.31%
30d avg:−0.51%
SHORT Variational · now
−46.87%
30d avg:−0.02%
Entry Spread Now
−0.236%
Eaten by executionL 0.01854 · S 0.01850−$23.58 if it converges
24h range −0.74%…+1.46% · median −0.15%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$65.31
−0.65%
$Avg Daily PnL
+$0.16
+0.0016%
★Best Day
+$3.50
Jun 25
◎Open Interest
⚡Funding APR
+0.59%
annualized · funding only
⚠Execution Cost
−$70.28
entry + exit fees
⏱Payback
14.6mo
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 (−$70.28 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.