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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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−161.03%
3d Period Avg−54.34%
swing±44.11%
LONG Crypto.com · nowTAOUSD-PERP
+171.99%
3d avg:+63.50%
SHORT Bybit · now
+10.96%
3d avg:+9.16%
Entry Spread Now
−0.114%
Eaten by executionL 298.5500 · S 298.2100−$11.39 if it converges
24h range −0.29%…+0.26% · median −0.08%
Long pays every1hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$414.99
−4.15%
$Avg Daily PnL
−$14.88
−0.1488%
★Best Day
−$0.32
Sep 30
◎Open Interest
⚡Funding APR
−54.30%
annualized · funding only
⚠Execution Cost
−$370.36
entry + exit fees
⏱Payback
never
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 (−$370.36 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.