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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~3.5d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+22.90%
3d Period Avg+17.63%
swing±9.47%
LONG Bybit · now
+0.00%
3d avg:+1.68%
SHORT grvt · nowQQQ_USDT_Perp
+22.90%
3d avg:+19.31%
Entry Spread Now
−0.015%
NeutralL 741.3100 · S 741.2024
24h range −0.03%…+0.44% · median +0.03%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.010%/taker0.050%
Loading Funding History…
↗Total PnL
−$7.56
−0.08%
$Avg Daily PnL
+$3.62
+0.0362%
★Best Day
+$4.47
Sep 23
◎Open Interest
⚡Funding APR
+13.21%
annualized · funding only
⚠Execution Cost
−$22.04
entry + exit fees
⏱Payback
6.1d
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 (−$22.04 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.