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updated 8:16:58 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
−3.64%
3d Period Avg−7.32%
LONG Bybit · now
+10.96%
3d avg:+5.30%
SHORT BloFin · now
+7.31%
3d avg:−2.02%
Entry Spread Now
+0.174%
In your favorL 0.2300 · S 0.2304+$17.39 if it converges
24h range −1.00%…+0.34% · median −0.04%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$29.01
−0.29%
$Avg Daily PnL
−$2.00
−0.0200%
★Best Day
−$0.64
Jul 20
◎Open Interest
⚡Funding APR
−7.31%
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.