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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.9d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+102.12%
3d Period Avg+12.89%
swing±49.07%
LONG Bitget · now
−178.83%
3d avg:−51.91%
SHORT KuCoin · nowGUSDTM
−76.70%
3d avg:−39.02%
Entry Spread Now
−0.109%
Eaten by executionL 0.005494 · S 0.005488−$10.92 if it converges
24h range −0.40%…+0.09% · median −0.16%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$23.83
−0.24%
$Avg Daily PnL
+$0.06
+0.0006%
★Best Day
+$4.49
Sep 26
◎Open Interest
⚡Funding APR
+0.21%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
14.1mo
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.