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updated 10:24:04 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
−89.68%
3d Period Avg−28.91%
LONG KuCoin · nowCAPUSDTM
−82.62%
3d avg:−203.15%
SHORT Toobit · nowCAPAPP-SWAP-USDT
−172.30%
3d avg:−232.06%
Entry Spread Now
+0.086%
Eaten by executionL 0.06990 · S 0.06996+$8.58 if it converges
24h range −2.56%…+1.13% · median −0.05%
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$2.60M
Toobit$35.8K⚡Funding APR
+5.61%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
15.6d
to break even
◧24h Volume
KuCoin$3.55MToobit$7.58MLoading 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.