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updated 3:19:20 AMFunding 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
−8.55%
3d Period Avg−32.63%
LONG KuCoin · nowLIGHTUSDTM
+19.50%
3d avg:+43.59%
SHORT Gate.io · now
+10.96%
3d avg:+10.96%
Entry Spread Now
+0.543%
In your favorL 0.1805 · S 0.1815+$54.29 if it converges
24h range −0.49%…+1.17% · median +0.13%
Long pays every4hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$41.72
−0.42%
$Avg Daily PnL
−$4.93
−0.0493%
★Best Day
−$0.89
Aug 14
◎Open Interest
KuCoin$4.84M
Gate.io$2.05M⚡Funding APR
−17.99%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
KuCoin$1.08MGate.io$595.6KLoading 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.