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updated —JCT Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~3.3d
ⓘSlippage estimate may be inaccurate (thin orderbook or partial fill)
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+107.87%
7d Period Avg+40.72%
swing±143.77%
LONG Bybit · now
+84.54%
7d avg:+28.42%
SHORT KuCoin · nowJCTUSDTM
+192.41%
7d avg:+69.14%
Entry Spread Now
+0.128%
Eaten by executionL 0.002030 · S 0.002033+$12.81 if it converges
24h range −2.70%…+5.12% · median +0.16%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$40.77
−0.41%
$Avg Daily PnL
+$8.18
+0.0818%
★Best Day
+$32.79
Nov 9
◎Open Interest
⚡Funding APR
+29.86%
annualized · funding only
⚠Execution Cost
−$98.03
entry + exit fees
⏱Payback
12.0d
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 (−$98.03 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.