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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
−104.97%
3d Period Avg+16.57%
swing±48.71%
LONG KuCoin · nowB2USDTM
+115.93%
3d avg:+89.18%
SHORT Gate.io · now
+10.96%
3d avg:+105.75%
Entry Spread Now
−0.446%
Against youL 0.5152 · S 0.5129−$44.64 if it converges
24h range −0.69%…+0.58% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker-0.010%/taker0.075%
Loading Funding History…
↗Total PnL
−$13.39
−0.13%
$Avg Daily PnL
+$4.54
+0.0454%
★Best Day
+$13.68
Sep 26
◎Open Interest
⚡Funding APR
+16.56%
annualized · funding only
⚠Execution Cost
−$27.00
entry + exit fees
⏱Payback
6.0d
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 (−$27.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.