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updated 3:11:00 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
+5.81%
3d Period Avg+4.87%
LONG MEXC · now
+5.15%
3d avg:+6.09%
SHORT KuCoin · nowETCUSDTM
+10.96%
3d avg:+10.96%
Entry Spread Now
+0.043%
Eaten by executionL 7.0230 · S 7.0260+$4.27 if it converges
24h range −0.28%…+0.26% · median +0.01%
Long pays every8hShort pays every8h
LONGmaker0%/taker0.010%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$10.00
−0.10%
$Avg Daily PnL
+$1.00
+0.0100%
★Best Day
+$1.98
Jul 17
◎Open Interest
⚡Funding APR
+3.65%
annualized · funding only
⚠Execution Cost
−$14.00
entry + exit fees
⏱Payback
14.0d
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 (−$14.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.