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updated 3:16:49 AMFunding Arbitrage Backtester
Size$
R-trip cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−38.79%
3d Period Avg−21.78%
LONG Bitget · now
+10.96%
3d avg:+5.19%
SHORT KuCoin · nowBIOUSDTM
−27.83%
3d avg:−16.59%
Entry Spread Now
+0.115%
Eaten by executionL 0.02600 · S 0.02603+$11.54 if it converges
24h range −0.35%…+0.35% · median +0.04%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$41.89
−0.42%
$Avg Daily PnL
−$4.47
−0.0447%
★Best Day
+$0.29
Jul 17
◎Open Interest
⚡Funding APR
−16.32%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
never
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.