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updated 8:00:56 PMFunding Arbitrage Backtester
Size$
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
−16.89%
3d Period Avg+1.17%
LONG Bybit · now
+60.02%
3d avg:+60.26%
SHORT Binance Futures · now
+43.13%
3d avg:+61.43%
Entry Spread Now
+0.236%
In your favorL 2.7050 · S 2.7114+$23.63 if it converges
24h range −0.40%…+0.74% · median +0.11%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$20.09
−0.20%
$Avg Daily PnL
+$0.30
+0.0030%
★Best Day
+$3.50
Aug 16
◎Open Interest
Bybit$3.33M
Binance Futures$6.52M⚡Funding APR
+1.10%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
2.3mo
to break even
◧24h Volume
Bybit$1.61MBinance Futures$7.67MLoading 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.