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updated 3:15:45 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
+24.98%
3d Period Avg+16.82%
LONG Bitget · now
−14.03%
3d avg:−6.05%
SHORT KuCoin · nowCHZUSDTM
+10.96%
3d avg:+10.77%
Entry Spread Now
+0.063%
Eaten by executionL 0.01585 · S 0.01586+$6.31 if it converges
24h range −0.43%…+0.31% · median +0.06%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$10.18
−0.10%
$Avg Daily PnL
+$3.46
+0.0346%
★Best Day
+$13.71
Jul 17
◎Open Interest
⚡Funding APR
+12.61%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
7.0d
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.