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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+38.49%
swing±49.17%
LONG Binance Futures · now
+10.96%
7d avg:+33.11%
SHORT Bybit · now
+10.96%
7d avg:+71.60%
Entry Spread Now
−0.249%
Against youL 0.1801 · S 0.1797−$24.94 if it converges
24h range −0.87%…+0.58% · median +0.06%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
+$57.30
+0.57%
$Avg Daily PnL
+$11.19
+0.1119%
★Best Day
+$17.98
Oct 2
◎Open Interest
⚡Funding APR
+40.83%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
1.9d
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.