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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−61.14%
3d Period Avg+52.81%
swing±66.38%
LONG Gate.io · now
+135.22%
3d avg:+13.28%
SHORT KuCoin · nowIRYSUSDTM
+74.07%
3d avg:+66.09%
Entry Spread Now
−0.457%
Against youL 0.01840 · S 0.01832−$45.65 if it converges
24h range −0.15%…+0.31% · median +0.14%
Long pays every4hShort pays every4h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$16.37
+0.16%
$Avg Daily PnL
+$14.46
+0.1446%
★Best Day
+$20.16
Sep 26
◎Open Interest
⚡Funding APR
+52.77%
annualized · funding only
⚠Execution Cost
−$27.00
entry + exit fees
⏱Payback
1.9d
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 (−$27.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.