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updated 7:21:58 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
−11.31%
3d Period Avg−11.31%
LONG KuCoin · nowCRWDUSDTM
+10.96%
3d avg:+10.96%
SHORT Toobit · nowCRWD-SWAP-USDT
−0.35%
3d avg:−0.35%
Entry Spread Now
−0.032%
Eaten by executionL 215.5200 · S 215.4500−$3.25 if it converges
24h range −0.11%…+0.44% · median +0.19%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$33.29
−0.33%
$Avg Daily PnL
−$3.10
−0.0310%
★Best Day
−$3.10
Aug 17
◎Open Interest
KuCoin$8.7K
Toobit$21.2K⚡Funding APR
−11.30%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
KuCoin$421.0KToobit$304.3KLoading 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.