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updated 7:21:26 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
+0.00%
3d Period Avg+5.14%
LONG KuCoin · nowARPAUSDTM
+10.96%
3d avg:+5.39%
SHORT Bybit · now
+10.96%
3d avg:+10.53%
Entry Spread Now
+0.152%
In your favorL 0.008575 · S 0.008588+$15.16 if it converges
24h range −0.46%…+0.76% · median +0.06%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$18.78
−0.19%
$Avg Daily PnL
+$1.41
+0.0141%
★Best Day
+$3.34
Aug 17
◎Open Interest
KuCoin$271.6K
Bybit$276.7K⚡Funding APR
+5.13%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
16.4d
to break even
◧24h Volume
KuCoin$60.0KBybit$122.1KLoading 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.