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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 ~0.4d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+225.18%
30d Period Avg+0.71%
swing±76.32%
LONG Bybit · now
+0.00%
30d avg:−5.53%
SHORT LBank · now
+225.18%
30d avg:−4.82%
Entry Spread Now
−0.185%
Against youL 29.1800 · S 29.1260−$18.51 if it converges
24h range −0.29%…+0.48% · median +0.08%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$17.13
−0.17%
$Avg Daily PnL
+$0.20
+0.0020%
★Best Day
+$27.13
Sep 16
◎Open Interest
⚡Funding APR
+0.71%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
3.9mo
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.