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updated 11:35:21 PMFunding Arbitrage Backtester
Size$
R-trip cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−5.15%
3d Period Avg−2.57%
LONG Bitget · now
+10.96%
3d avg:+8.68%
SHORT KuCoin · nowLDOUSDTM
+5.81%
3d avg:+6.11%
Entry Spread Now
−0.377%
Against youL 0.3718 · S 0.3704−$37.65 if it converges
24h range −1.05%…+0.48% · median −0.03%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$26.11
−0.26%
$Avg Daily PnL
−$0.70
−0.0070%
★Best Day
+$0.94
Jul 15
◎Open Interest
⚡Funding APR
−2.57%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
never
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.