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updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding never covers this cost
β Slippage not modeled β actual cost may differ
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
β33.05%
3d Period Avgβ63.38%
swingΒ±122.45%
LONG Bybit Β· now
+44.01%
3d avg:+37.26%
SHORT MEXC Β· now
+10.96%
3d avg:β26.12%
Entry Spread Now
β0.154%
Against youL 0.1425 Β· S 0.1423β$15.44 if it converges
24h range β0.74%β¦+2.00% Β· median β0.12%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0%/taker0.020%
Loading Funding Historyβ¦
βTotal PnL
β$62.27
β0.62%
$Avg Daily PnL
β$15.76
β0.1576%
β
Best Day
+$1.95
Oct 11
βOpen Interest
β‘Funding APR
β57.51%
annualized Β· funding only
β Execution Cost
β$15.00
entry + exit fees
β±Payback
never
to break even
β§24h Volume
Loading Cumulative PnLβ¦
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 (β$15.00 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.