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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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−20.22%
3d Period Avg−3.06%
swing±5.49%
LONG Pionex · nowPLTRX_USDT_PERP
−0.10%
3d avg:+0.94%
SHORT Bybit · now
−20.33%
3d avg:−2.12%
Entry Spread Now
−0.011%
NeutralL 189.9110 · S 189.8900
24h range −0.28%…+0.03% · median −0.05%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$25.62
−0.26%
$Avg Daily PnL
−$0.84
−0.0084%
★Best Day
−$0.07
Sep 26
◎Open Interest
⚡Funding APR
−3.06%
annualized · funding only
⚠Execution Cost
−$23.11
entry + exit fees
⏱Payback
never
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 (−$23.11 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.