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updated 6:19:32 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.1d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+472.49%
30d Period Avg+17.72%
LONG Lighter · now
+10.52%
30d avg:+25.89%
SHORT KuCoin · nowARCUSDTM
+483.01%
30d avg:+43.61%
Entry Spread Now
+0.144%
In your favorL 0.07558 · S 0.07569+$14.42 if it converges
24h range −0.63%…+0.90% · median +0.06%
Long pays every1hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$123.38
+1.23%
$Avg Daily PnL
+$4.37
+0.0437%
★Best Day
+$36.45
Aug 5
◎Open Interest
Lighter$66.7K
KuCoin$2.23M⚡Funding APR
+15.94%
annualized · funding only
⚠Execution Cost
−$12.00
entry + exit fees
⏱Payback
2.8d
to break even
◧24h Volume
Lighter$10.4KKuCoin$1.02MLoading 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 (−$12.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.