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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+12.37%
swing±23.28%
LONG Bitget · now
+0.00%
7d avg:+33.55%
SHORT Bybit · now
+0.00%
7d avg:+45.92%
Entry Spread Now
−0.259%
Against youL 81.0300 · S 80.8200−$25.92 if it converges
24h range −0.22%…+0.11% · median −0.05%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
+$0.71
+0.01%
$Avg Daily PnL
+$3.39
+0.0339%
★Best Day
+$7.89
Sep 24
◎Open Interest
⚡Funding APR
+12.36%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
6.8d
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 (−$23.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.