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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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg−3.25%
swing±5.88%
LONG Bybit · now
+10.96%
3d avg:+10.96%
SHORT Bitunix · now
+10.96%
3d avg:+7.71%
Entry Spread Now
−0.111%
Eaten by executionL 0.003618 · S 0.003614−$11.06 if it converges
24h range −0.54%…+0.55% · median −0.08%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$114.97
−1.15%
$Avg Daily PnL
−$0.89
−0.0089%
★Best Day
+$0.00
Sep 29
◎Open Interest
⚡Funding APR
−3.24%
annualized · funding only
⚠Execution Cost
−$112.31
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 (−$112.31 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.