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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~20d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+4.81%
3d Period Avg−0.71%
swing±49.22%
LONG Bybit · now
+10.96%
3d avg:+10.96%
SHORT Crypto.com · nowWLDUSD-PERP
+15.77%
3d avg:+10.25%
Entry Spread Now
+0.117%
Eaten by executionL 0.5992 · S 0.5999+$11.68 if it converges
24h range −0.63%…+0.74% · median −0.03%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$27.49
−0.27%
$Avg Daily PnL
−$0.19
−0.0019%
★Best Day
+$4.24
Oct 1
◎Open Interest
⚡Funding APR
−0.71%
annualized · funding only
⚠Execution Cost
−$26.91
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 (−$26.91 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.