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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
−8.04%
3d Period Avg+64.89%
swing±66.17%
LONG Bybit · now
−25.15%
3d avg:−2.71%
SHORT Crypto.com · nowQNTUSD-PERP
−33.19%
3d avg:+62.18%
Entry Spread Now
−0.006%
NeutralL 290.4300 · S 290.4120
24h range −0.94%…+0.69% · median +0.02%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$37.40
+0.37%
$Avg Daily PnL
+$19.47
+0.1947%
★Best Day
+$23.11
Sep 29
◎Open Interest
⚡Funding APR
+71.05%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
1.1d
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 (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.