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updated 3:14:10 PMFunding Arbitrage Backtester
Size$
R-trip cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+241.79%
1d Period Avg+11.87%
LONG Bybit · now
−355.53%
1d avg:−3.07%
SHORT Gate.io · now
−113.74%
1d avg:+8.80%
Entry Spread Now
−0.175%
Against youL 0.003592 · S 0.003586−$17.54 if it converges
24h range −0.51%…+0.10% · median −0.27%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$17.75
−0.18%
$Avg Daily PnL
+$1.63
+0.0163%
★Best Day
+$3.25
Jul 17
◎Open Interest
⚡Funding APR
+5.93%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
12.9d
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.