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updated 11:38:47 PMFunding Arbitrage Backtester
Size$
R-trip cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+61.16%
3d Period Avg+7.98%
LONG Bybit · now
+10.96%
3d avg:−4.69%
SHORT Toobit · nowSTABLE-SWAP-USDT
+72.11%
3d avg:+3.29%
Entry Spread Now
−0.276%
Against youL 0.03655 · S 0.03645−$27.63 if it converges
24h range −0.73%…+1.27% · median −0.29%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$16.45
−0.16%
$Avg Daily PnL
+$2.18
+0.0218%
★Best Day
+$6.59
Jul 19
◎Open Interest
⚡Funding APR
+7.97%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
10.5d
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.