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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−2.08%
3d Period Avg+3.73%
swing±19.30%
LONG BloFin · now
+13.04%
3d avg:+10.51%
SHORT KuCoin · nowAWEUSDTM
+10.96%
3d avg:+14.24%
Entry Spread Now
+0.095%
Eaten by executionL 0.07366 · S 0.07373+$9.50 if it converges
24h range −0.18%…+0.46% · median +0.03%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$20.93
−0.21%
$Avg Daily PnL
+$1.02
+0.0102%
★Best Day
+$3.80
Sep 30
◎Open Interest
⚡Funding APR
+3.74%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
23.4d
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 (−$24.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.