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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
+0.00%
7d Period Avg+24.65%
swing±28.93%
LONG Bybit · now
+10.96%
7d avg:+6.94%
SHORT NADO · nowZRO-PERP
+10.96%
7d avg:+31.59%
Entry Spread Now
−0.387%
Against youL 1.6565 · S 1.6501−$38.70 if it converges
24h range −1.04%…+1.65% · median +0.08%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.010%/taker0.035%
Loading Funding History…
↗Total PnL
+$4.90
+0.05%
$Avg Daily PnL
+$6.63
+0.0663%
★Best Day
+$16.31
Sep 28
◎Open Interest
⚡Funding APR
+24.19%
annualized · funding only
⚠Execution Cost
−$41.49
entry + exit fees
⏱Payback
6.3d
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 (−$41.49 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.