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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−5.75%
3d Period Avg+13.60%
swing±62.10%
LONG Bybit · now
+20.81%
3d avg:+5.58%
SHORT TxFlow · now
+15.06%
3d avg:+19.18%
Entry Spread Now
−0.051%
Eaten by executionL 175.3100 · S 175.2200−$5.13 if it converges
24h range −0.22%…+0.11% · median −0.07%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
−$9.19
−0.09%
$Avg Daily PnL
+$3.60
+0.0360%
★Best Day
+$8.24
Oct 18
◎Open Interest
⚡Funding APR
+13.15%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
5.5d
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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.