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updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding never covers this cost
β Slippage not modeled β actual cost may differ
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
β58.62%
3d Period Avgβ18.99%
swingΒ±48.36%
LONG Bybit Β· now
β1.12%
3d avg:β9.26%
SHORT Crypto.com Β· nowPROVEUSD-PERP
β59.74%
3d avg:β28.25%
Entry Spread Now
β0.051%
Eaten by executionL 0.1959 Β· S 0.1958β$5.10 if it converges
24h range β0.25%β¦+0.10% Β· median β0.05%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding Historyβ¦
βTotal PnL
β$39.71
β0.40%
$Avg Daily PnL
β$6.24
β0.0624%
β
Best Day
+$3.17
Oct 11
βOpen Interest
β‘Funding APR
β22.77%
annualized Β· funding only
β Execution Cost
β$21.00
entry + exit fees
β±Payback
never
to break even
β§24h Volume
Loading Cumulative PnLβ¦
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 (β$21.00 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.