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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 ~1.3d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+63.25%
30d Period Avg+14.47%
swing±28.43%
LONG Bybit · now
+0.00%
30d avg:+0.67%
SHORT Toobit · nowSOFI-SWAP-USDT
+63.25%
30d avg:+15.14%
Entry Spread Now
−0.126%
Against youL 15.8500 · S 15.8300−$12.62 if it converges
24h range −0.06%…+0.44% · median +0.13%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$95.84
+0.96%
$Avg Daily PnL
+$3.96
+0.0396%
★Best Day
+$21.55
Sep 22
◎Open Interest
⚡Funding APR
+14.46%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
5.8d
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.