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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 ~4.4d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+28.93%
3d Period Avg+27.75%
swing±12.83%
LONG KuCoin · nowDRAMUSDTM
+0.00%
3d avg:+0.00%
SHORT Lighter · now
+28.93%
3d avg:+27.75%
Entry Spread Now
+0.137%
Eaten by executionL 60.4000 · S 60.4830+$13.74 if it converges
24h range −0.65%…+0.79% · median +0.07%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.060%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$11.56
−0.12%
$Avg Daily PnL
+$7.65
+0.0765%
★Best Day
+$7.31
Sep 30
◎Open Interest
⚡Funding APR
+27.92%
annualized · funding only
⚠Execution Cost
−$34.51
entry + exit fees
⏱Payback
4.5d
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 (−$34.51 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.