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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+19.37%
swing±12.31%
LONG OKX · nowARB-USDT-SWAP
+10.96%
7d avg:−8.41%
SHORT KuCoin · nowARBUSDTM
+10.96%
7d avg:+10.96%
Entry Spread Now
+0.067%
Eaten by executionL 0.2234 · S 0.2236+$6.71 if it converges
24h range −0.27%…+0.48% · median +0.06%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$7.19
−0.07%
$Avg Daily PnL
+$5.30
+0.0530%
★Best Day
+$8.78
Sep 24
◎Open Interest
⚡Funding APR
+19.36%
annualized · funding only
⚠Execution Cost
−$44.31
entry + exit fees
⏱Payback
8.3d
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 (−$44.31 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.