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updated 7:21:49 PMFunding Arbitrage Backtester
Size$
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
−1.97%
3d Period Avg−2.56%
LONG KuCoin · nowHPEUSDTM
+1.97%
3d avg:+2.96%
SHORT Toobit · nowHPE-SWAP-USDT
+0.00%
3d avg:+0.40%
Entry Spread Now
+0.121%
In your favorL 57.8900 · S 57.9600+$12.09 if it converges
24h range −0.17%…+0.56% · median +0.19%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$26.10
−0.26%
$Avg Daily PnL
−$0.70
−0.0070%
★Best Day
+$2.41
Aug 16
◎Open Interest
KuCoin$342.1K
Toobit$36.6K⚡Funding APR
−2.56%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
KuCoin$778.9KToobit$143.9KLoading 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.