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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+162.17%
3d Period Avg−1.81%
swing±113.17%
LONG BingX · now
−87.66%
3d avg:+38.96%
SHORT KuCoin · nowCARVUSDTM
+74.51%
3d avg:+37.15%
Entry Spread Now
−0.161%
Against youL 0.04337 · S 0.04330−$16.14 if it converges
24h range −0.46%…+0.59% · median +0.12%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$23.49
−0.23%
$Avg Daily PnL
−$0.50
−0.0050%
★Best Day
+$16.65
Sep 28
◎Open Interest
⚡Funding APR
−1.81%
annualized · funding only
⚠Execution Cost
−$22.00
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.