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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
−12.85%
3d Period Avg+5.00%
swing±13.69%
LONG Bybit · now
−9.99%
3d avg:+4.34%
SHORT Crypto.com · nowXRPUSD-PERP
−22.84%
3d avg:+9.34%
Entry Spread Now
+0.047%
In your favorL ask 1.4899 · S bid 1.4906+$4.70 at entry
24h range −0.13%…+0.98% · median +0.03%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$27.60
−0.28%
$Avg Daily PnL
+$1.37
+0.0137%
★Best Day
+$2.48
Oct 1
◎Open Interest
⚡Funding APR
+5.00%
annualized · funding only
⚠Execution Cost
−$31.71
entry + exit fees
⏱Payback
23.1d
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 + live L2 orderbook slippage on both legs (−$31.71 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.