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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
−52.16%
3d Period Avg−60.25%
swing±54.21%
LONG MEXC · now
+63.12%
3d avg:+144.55%
SHORT KuCoin · nowFHEUSDTM
+10.96%
3d avg:+84.30%
Entry Spread Now
−0.640%
Against youL 0.02345 · S 0.02330−$63.97 if it converges
24h range −0.43%…+0.21% · median −0.09%
Long pays every4hShort pays every4h
LONGmaker0%/taker0.020%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$65.49
−0.65%
$Avg Daily PnL
−$16.50
−0.1650%
★Best Day
−$2.31
Sep 28
◎Open Interest
⚡Funding APR
−60.21%
annualized · funding only
⚠Execution Cost
−$16.00
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 (−$16.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.