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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 ~2.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+21.92%
3d Period Avg−6.92%
swing±15.12%
LONG Bybit · now
+0.00%
3d avg:+0.00%
SHORT MEXC · now
+21.92%
3d avg:−6.92%
Entry Spread Now
−0.352%
Against youL 39.7900 · S 39.6500−$35.18 if it converges
24h range −0.59%…−0.18% · median −0.42%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0%/taker0.020%
Loading Funding History…
↗Total PnL
−$20.68
−0.21%
$Avg Daily PnL
−$1.89
−0.0189%
★Best Day
+$0.00
Sep 29
◎Open Interest
⚡Funding APR
−6.91%
annualized · funding only
⚠Execution Cost
−$15.00
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 (−$15.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.