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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 ~1.6d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+95.99%
7d Period Avg+6.61%
swing±66.97%
LONG Bitget · now
−156.03%
7d avg:−86.01%
SHORT KuCoin · nowGUSDTM
−60.05%
7d avg:−79.40%
Entry Spread Now
−0.164%
Eaten by executionL 0.005486 · S 0.005477−$16.41 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
−$28.52
−0.29%
$Avg Daily PnL
+$2.01
+0.0201%
★Best Day
+$9.22
Sep 22
◎Open Interest
⚡Funding APR
+7.35%
annualized · funding only
⚠Execution Cost
−$42.62
entry + exit fees
⏱Payback
21.2d
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 (−$42.62 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.