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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+44.71%
swing±65.96%
LONG Binance Futures · now
+10.96%
7d avg:+39.51%
SHORT Bybit · now
+10.96%
7d avg:+84.22%
Entry Spread Now
+0.235%
In your favorL 0.01445 · S 0.01449+$23.53 if it converges
24h range −1.00%…+1.49% · median +0.16%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
+$64.18
+0.64%
$Avg Daily PnL
+$12.17
+0.1217%
★Best Day
+$39.48
Oct 2
◎Open Interest
⚡Funding APR
+44.42%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
1.7d
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.