← Back to Screener
updated 7:21:16 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
−10.96%
3d Period Avg−10.54%
LONG KuCoin · nowIWMUSDTM
+10.96%
3d avg:+10.54%
SHORT OKX · nowIWM-USDT-SWAP
+0.00%
3d avg:+0.00%
Entry Spread Now
+0.218%
In your favorL 303.2400 · S 303.9000+$21.76 if it converges
24h range +0.04%…+0.39% · median +0.21%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$30.66
−0.31%
$Avg Daily PnL
−$2.89
−0.0289%
★Best Day
−$2.66
Aug 17
◎Open Interest
KuCoin$455.4K
OKX$456.4K⚡Funding APR
−10.54%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
KuCoin$353.8KOKX$235.9KLoading 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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.