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updated 4:23:23 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~8.0d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+10.08%
3d Period Avg+43.89%
LONG KuCoin · nowMAGICUSDTM
+0.88%
3d avg:−36.04%
SHORT Gate.io · now
+10.96%
3d avg:+7.85%
Entry Spread Now
+0.024%
Eaten by executionL 0.04136 · S 0.04137+$2.42 if it converges
24h range −0.15%…+0.32% · median +0.11%
Long pays every4hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$12.11
+0.12%
$Avg Daily PnL
+$8.53
+0.0853%
★Best Day
+$15.93
Aug 15
◎Open Interest
KuCoin$560.5K
Gate.io$103.8K⚡Funding APR
+31.13%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
2.6d
to break even
◧24h Volume
KuCoin$68.6KGate.io$57.0KLoading 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.