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updated 2:00:46 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
+3.45%
3d Period Avg−5.41%
LONG Bybit · now
+0.00%
3d avg:+6.75%
SHORT Toobit · nowRKLB-SWAP-USDT
+3.45%
3d avg:+1.34%
Entry Spread Now
−0.207%
Against youL 67.4900 · S 67.3500−$20.74 if it converges
24h range −0.66%…+0.22% · median −0.04%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$27.45
−0.27%
$Avg Daily PnL
−$1.11
−0.0111%
★Best Day
+$0.00
Jul 19
◎Open Interest
⚡Funding APR
−4.06%
annualized · funding only
⚠Execution Cost
−$23.00
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 (−$23.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.