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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 ~15d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+5.01%
3d Period Avg+39.18%
swing±50.42%
LONG Bybit · now
+0.00%
3d avg:+2.94%
SHORT Crypto.com · nowSQQQUSD-PERP
+5.01%
3d avg:+42.12%
Entry Spread Now
−0.091%
Eaten by executionL 32.9800 · S 32.9500−$9.10 if it converges
24h range −0.37%…+0.09% · median −0.32%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$17.70
+0.18%
$Avg Daily PnL
+$12.90
+0.1290%
★Best Day
+$24.04
Oct 8
◎Open Interest
⚡Funding APR
+47.09%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
1.6d
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.