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updated 8:02:46 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
−10.96%
3d Period Avg−10.96%
LONG KuCoin · nowCIENUSDTM
+10.96%
3d avg:+10.96%
SHORT Toobit · nowCIEN-SWAP-USDT
+0.00%
3d avg:+0.00%
Entry Spread Now
−0.183%
Against youL 449.1300 · S 448.3100−$18.26 if it converges
24h range −0.50%…+0.44% · median +0.13%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$33.00
−0.33%
$Avg Daily PnL
−$3.00
−0.0300%
★Best Day
−$3.00
Aug 15
◎Open Interest
⚡Funding APR
−10.95%
annualized · funding only
⚠Execution Cost
−$24.00
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 (−$24.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.