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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
−28.84%
3d Period Avg+34.41%
swing±82.85%
LONG Bybit · now
+10.96%
3d avg:−0.39%
SHORT Crypto.com · nowRENDERUSD-PERP
−17.88%
3d avg:+34.02%
Entry Spread Now
+0.083%
Eaten by executionL 1.9271 · S 1.9287+$8.30 if it converges
24h range −0.34%…+0.54% · median +0.04%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$6.22
+0.06%
$Avg Daily PnL
+$9.07
+0.0907%
★Best Day
+$37.66
Oct 9
◎Open Interest
⚡Funding APR
+33.11%
annualized · funding only
⚠Execution Cost
−$21.00
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 (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.