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updated 9:49:08 PMFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~6.6d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+13.32%
30d Period Avg+8.59%
swing±20.97%
LONG Bitunix · now
−2.37%
30d avg:−1.47%
SHORT KuCoin · nowIRENUSDTM
+10.96%
30d avg:+7.12%
Entry Spread Now
−0.021%
Eaten by executionL 46.8100 · S 46.8000−$2.14 if it converges
24h range −0.19%…+0.48% · median −0.04%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$46.56
+0.47%
$Avg Daily PnL
+$2.35
+0.0235%
★Best Day
+$15.25
Aug 22
◎Open Interest
⚡Funding APR
+8.59%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
10.2d
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 (−$24.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.