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updated 3:59:35 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
+362.73%
3d Period Avg+48.74%
LONG Toobit · nowRAVE-SWAP-USDT
−1.16%
3d avg:+16.41%
SHORT Bybit · now
+361.57%
3d avg:+65.15%
Entry Spread Now
−0.290%
Against youL 0.2998 · S 0.2989−$29.02 if it converges
24h range −2.19%…+1.00% · median −0.21%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
+$17.03
+0.17%
$Avg Daily PnL
+$10.01
+0.1001%
★Best Day
+$15.54
Jul 16
◎Open Interest
⚡Funding APR
+36.53%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
2.3d
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.