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updated 1:18:48 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.0d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+83.10%
30d Period Avg+49.19%
LONG Variational · now
−72.14%
30d avg:−44.08%
SHORT Bybit · nowPOLPERP
+10.96%
30d avg:+5.11%
Entry Spread Now
+0.013%
NeutralL 0.07489 · S 0.07490
24h range −0.09%…+0.19% · median +0.03%
Long pays every4hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
+$370.92
+3.71%
$Avg Daily PnL
+$12.66
+0.1266%
★Best Day
+$21.17
Aug 8
◎Open Interest
Variational$1.16M
Bybit$113.9K⚡Funding APR
+46.23%
annualized · funding only
⚠Execution Cost
−$21.68
entry + exit fees
⏱Payback
1.7d
to break even
◧24h Volume
Variational$30.6KBybit$18.4KLoading 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 (−$21.68 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.