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updated 8:26:12 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
−11.04%
3d Period Avg−1.91%
LONG Bybit · now
+11.24%
3d avg:+3.27%
SHORT Toobit · nowRKLB-SWAP-USDT
+0.20%
3d avg:+1.36%
Entry Spread Now
+0.259%
In your favorL 69.4600 · S 69.6400+$25.91 if it converges
24h range −0.73%…+0.26% · median −0.03%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$24.57
−0.25%
$Avg Daily PnL
−$0.52
−0.0052%
★Best Day
+$0.00
Jul 19
◎Open Interest
⚡Funding APR
−1.90%
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.