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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.7d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+130.58%
3d Period Avg+16.91%
swing±17.95%
LONG Bitget · now
+28.93%
3d avg:+23.06%
SHORT Toobit · nowPIEVERSE-SWAP-USDT
+159.51%
3d avg:+39.97%
Entry Spread Now
−0.381%
Against youL 1.5381 · S 1.5322−$38.10 if it converges
24h range −1.00%…+1.09% · median −0.04%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$10.11
−0.10%
$Avg Daily PnL
+$4.63
+0.0463%
★Best Day
+$8.57
Sep 26
◎Open Interest
⚡Funding APR
+16.90%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
5.2d
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 (−$24.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.