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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~2.1d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+150.94%
3d Period Avg−1.87%
swing±211.85%
LONG Hotcoin · now
+10.96%
3d avg:+79.61%
SHORT Bybit · now
+161.90%
3d avg:+77.74%
Entry Spread Now
+0.258%
Eaten by executionL 0.02325 · S 0.02331+$25.81 if it converges
24h range +0.09%…+1.15% · median +0.34%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$95.01
−0.95%
$Avg Daily PnL
−$2.08
−0.0208%
★Best Day
+$4.50
Sep 27
◎Open Interest
⚡Funding APR
−7.61%
annualized · funding only
⚠Execution Cost
−$88.76
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 (−$88.76 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.