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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%
7d Period Avg+88.40%
swing±144.73%
LONG KuCoin · nowFIGHTUSDTM
+10.96%
7d avg:+37.24%
SHORT Bitget · now
+10.96%
7d avg:+125.64%
Entry Spread Now
−0.100%
Eaten by executionL 0.004019 · S 0.004015−$9.95 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
+$140.87
+1.41%
$Avg Daily PnL
+$23.55
+0.2355%
★Best Day
+$62.17
Sep 26
◎Open Interest
⚡Funding APR
+85.97%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
1.0d
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 (−$24.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.