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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%
30d Period Avg+54.79%
swing±64.79%
LONG Bybit · now
+0.00%
30d avg:−5.93%
SHORT Crypto.com · nowSMCIUSD-PERP
+96.34%
30d avg:+48.86%
Entry Spread Now
−0.072%
Eaten by executionL 41.5200 · S 41.4900−$7.23 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
+$427.70
+4.28%
$Avg Daily PnL
+$14.96
+0.1496%
★Best Day
+$58.38
Sep 14
◎Open Interest
⚡Funding APR
+54.59%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
1.4d
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.