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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 ~0.8d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+96.34%
3d Period Avg+47.10%
swing±40.62%
LONG Bybit · now
+0.00%
3d avg:+0.00%
SHORT Crypto.com · nowSMCIUSD-PERP
+96.34%
3d avg:+47.10%
Entry Spread Now
+0.024%
Eaten by executionL 41.7700 · S 41.7800+$2.39 if it converges
24h range −1.02%…+0.31% · median −0.02%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$16.84
+0.17%
$Avg Daily PnL
+$12.61
+0.1261%
★Best Day
+$21.21
Sep 30
◎Open Interest
⚡Funding APR
+46.04%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
1.7d
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 (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.