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updated 9:08:03 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
−76.25%
3d Period Avg−28.91%
LONG KuCoin · nowCAPUSDTM
−148.80%
3d avg:−203.15%
SHORT Toobit · nowCAPAPP-SWAP-USDT
−225.06%
3d avg:−232.06%
Entry Spread Now
−0.128%
Against youL 0.07029 · S 0.07020−$12.80 if it converges
24h range −2.56%…+1.15% · median −0.04%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$19.39
−0.19%
$Avg Daily PnL
+$1.54
+0.0154%
★Best Day
+$5.49
Aug 17
◎Open Interest
KuCoin$2.63M
Toobit$33.9K⚡Funding APR
+5.61%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
15.6d
to break even
◧24h Volume
KuCoin$3.60MToobit$7.59MLoading 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.