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updated 7:35:21 AMFunding 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+0.00%
swing±15.24%
LONG Bybit · now
+0.00%
3d avg:+5.30%
SHORT Variational · now
+0.00%
3d avg:+5.30%
Entry Spread Now
+0.024%
Eaten by executionL 116.0600 · S 116.0880+$2.41 if it converges
24h range −0.48%…+0.49% · median +0.03%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$14.54
−0.15%
$Avg Daily PnL
+$0.00
+0.0000%
★Best Day
+$2.60
Sep 3
◎Open Interest
⚡Funding APR
+0.00%
annualized · funding only
⚠Execution Cost
−$14.54
entry + exit fees
⏱Payback
524.0mo
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 (−$14.54 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.