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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−325.71%
30d Period Avg+35.05%
swing±108.42%
LONG Bybit · now
+0.00%
30d avg:+0.40%
SHORT Crypto.com · nowSONYUSD-PERP
−325.71%
30d avg:+35.45%
Entry Spread Now
−0.042%
Eaten by executionL 23.7900 · S 23.7800−$4.20 if it converges
24h range −0.54%…+0.29% · median −0.04%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$266.59
+2.67%
$Avg Daily PnL
+$9.59
+0.0959%
★Best Day
+$38.18
Sep 22
◎Open Interest
⚡Funding APR
+34.99%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
2.2d
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.