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updated 2:13:38 PMFunding Arbitrage Backtester
Size$
R-trip cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+593.04%
1d Period Avg+99.94%
LONG Toobit · nowRAVE-SWAP-USDT
−1.14%
1d avg:+28.42%
SHORT Bybit · now
+591.90%
1d avg:+128.36%
Entry Spread Now
−0.037%
Eaten by executionL 0.2947 · S 0.2946−$3.73 if it converges
24h range −1.02%…+1.00% · median −0.20%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
+$4.36
+0.04%
$Avg Daily PnL
+$13.68
+0.1368%
★Best Day
+$14.32
Jul 16
◎Open Interest
⚡Funding APR
+49.94%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
1.7d
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 (−$23.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.