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updated 9:06:11 PMFunding Arbitrage Backtester
Size$
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
−6.00%
3d Period Avg−4.63%
LONG KuCoin · nowAMATUSDTM
+10.96%
3d avg:+10.96%
SHORT OKX · nowAMAT-USDT-SWAP
+4.96%
3d avg:+6.33%
Entry Spread Now
+0.103%
Eaten by executionL 532.7400 · S 533.2900+$10.32 if it converges
24h range −0.11%…+0.43% · median +0.11%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$25.80
−0.26%
$Avg Daily PnL
−$1.27
−0.0127%
★Best Day
+$1.82
Aug 17
◎Open Interest
KuCoin$565.3K
OKX$802.2K⚡Funding APR
−4.62%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
KuCoin$349.0KOKX$1.79MLoading 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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.