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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
+0.00%
3d Period Avg+106.26%
swing±102.14%
LONG KuCoin · nowBLUAIUSDTM
+10.96%
3d avg:+10.96%
SHORT Bybit · now
+10.96%
3d avg:+117.22%
Entry Spread Now
−0.367%
Against youL 0.01008 · S 0.01004−$36.71 if it converges
24h range −1.04%…−0.08% · median −0.40%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
+$64.28
+0.64%
$Avg Daily PnL
+$29.09
+0.2909%
★Best Day
+$41.52
Sep 25
◎Open Interest
⚡Funding APR
+106.19%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
19.0h
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 (−$23.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.