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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
−162.73%
3d Period Avg−68.75%
swing±54.66%
LONG Crypto.com · nowPUMPUSD-PERP
+173.69%
3d avg:+75.95%
SHORT Bybit · nowPUMPFUNUSDT
+10.96%
3d avg:+7.20%
Entry Spread Now
−0.168%
Against youL ask 0.006298 · S bid 0.006287−$16.83 at entry
24h range −0.50%…+0.55% · median −0.13%
Long pays every1hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$145.94
−1.46%
$Avg Daily PnL
−$18.82
−0.1882%
★Best Day
−$1.71
Sep 30
◎Open Interest
⚡Funding APR
−68.70%
annualized · funding only
⚠Execution Cost
−$89.48
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 + live L2 orderbook slippage on both legs (−$89.48 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.