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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 ~2.5d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+34.93%
3d Period Avg−50.04%
swing±38.31%
LONG Crypto.com · nowQQQUSD-PERP
+37.32%
3d avg:+59.84%
SHORT Bybit · now
+72.26%
3d avg:+9.80%
Entry Spread Now
+0.187%
In your favorL 705.5500 · S 706.8700+$18.71 if it converges
24h range −0.07%…+0.30% · median +0.17%
Long pays every1hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$57.11
−0.57%
$Avg Daily PnL
−$11.00
−0.1100%
★Best Day
+$0.35
Oct 24
◎Open Interest
⚡Funding APR
−40.16%
annualized · funding only
⚠Execution Cost
−$24.10
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 + fees only (orderbook snapshot stale) on both legs (−$24.10 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.