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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
+0.00%
7d Period Avg+19.67%
swing±58.83%
LONG Bybit · now
+10.96%
7d avg:−72.08%
SHORT BingX · now
+10.96%
7d avg:−52.41%
Entry Spread Now
−0.049%
Eaten by executionL 0.06147 · S 0.06144−$4.88 if it converges
24h range −0.25%…−0.05% · median −0.16%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$16.69
+0.17%
$Avg Daily PnL
+$5.38
+0.0538%
★Best Day
+$25.19
Oct 9
◎Open Interest
⚡Funding APR
+19.65%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
3.9d
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.