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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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−39.67%
7d Period Avg+43.98%
swing±59.86%
LONG Gate.io · now
−20.38%
7d avg:−123.38%
SHORT KuCoin · nowGUSDTM
−60.05%
7d avg:−79.40%
Entry Spread Now
−0.200%
Eaten by executionL 0.005488 · S 0.005477−$20.04 if it converges
24h range −0.23%…+0.11% · median −0.05%
Long pays every4hShort pays every4h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$19.83
+0.20%
$Avg Daily PnL
+$11.07
+0.1107%
★Best Day
+$21.94
Sep 22
◎Open Interest
⚡Funding APR
+40.40%
annualized · funding only
⚠Execution Cost
−$57.65
entry + exit fees
⏱Payback
5.2d
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 (−$57.65 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.