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updated —Funding Arbitrage Backtester
Size per leg$
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
+0.00%
3d Period Avg+38.53%
swing±116.77%
LONG Gate.io · now
+10.96%
3d avg:+50.08%
SHORT KuCoin · nowFHEUSDTM
+10.96%
3d avg:+88.61%
Entry Spread Now
−0.724%
Against youL 0.02347 · S 0.02330−$72.43 if it converges
24h range −0.30%…+0.26% · median +0.09%
Long pays every8hShort pays every4h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$2.89
+0.03%
$Avg Daily PnL
+$9.96
+0.0996%
★Best Day
+$18.98
Sep 25
◎Open Interest
⚡Funding APR
+36.37%
annualized · funding only
⚠Execution Cost
−$27.00
entry + exit fees
⏱Payback
2.7d
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 (−$27.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.