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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%
3d Period Avg+1.73%
swing±3.65%
LONG Bybit · now
+10.96%
3d avg:+10.81%
SHORT BingX · now
+10.96%
3d avg:+12.54%
Entry Spread Now
−0.146%
Against youL 0.008881 · S 0.008868−$14.64 if it converges
24h range −1.65%…+0.93% · median +0.02%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$19.58
−0.20%
$Avg Daily PnL
+$0.47
+0.0047%
★Best Day
+$1.30
Oct 4
◎Open Interest
⚡Funding APR
+1.73%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
1.5mo
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.