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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
−118.56%
3d Period Avg+113.89%
swing±145.01%
LONG KuCoin · nowFIGHTUSDTM
+129.52%
3d avg:+69.26%
SHORT Bitget · now
+10.96%
3d avg:+183.15%
Entry Spread Now
−0.520%
Against youL 0.004039 · S 0.004018−$51.99 if it converges
24h range −0.68%…+0.02% · median −0.20%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$69.54
+0.70%
$Avg Daily PnL
+$31.18
+0.3118%
★Best Day
+$62.17
Sep 26
◎Open Interest
⚡Funding APR
+113.81%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
18.5h
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 (−$24.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.