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updated 3:01:13 PMFunding 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
+0.00%
3d Period Avg+49.55%
swing±143.03%
LONG Gate.io · now
+10.96%
3d avg:+38.51%
SHORT Bybit · now
+10.96%
3d avg:+88.06%
Entry Spread Now
−0.080%
Eaten by executionL 0.3769 · S 0.3766−$7.96 if it converges
24h range −1.57%…+2.16% · median −0.11%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$77.89
−0.78%
$Avg Daily PnL
+$5.66
+0.0566%
★Best Day
+$21.03
Aug 31
◎Open Interest
⚡Funding APR
+20.65%
annualized · funding only
⚠Execution Cost
−$100.53
entry + exit fees
⏱Payback
17.8d
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 (−$100.53 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.