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updated 9:06:13 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
+0.00%
3d Period Avg+35.77%
LONG KuCoin · nowMAGMAUSDTM
+10.96%
3d avg:+10.96%
SHORT Binance Futures · now
+10.96%
3d avg:+46.73%
Entry Spread Now
+0.125%
In your favorL 0.1603 · S 0.1605+$12.51 if it converges
24h range −0.66%…+0.65% · median +0.13%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$7.38
+0.07%
$Avg Daily PnL
+$9.79
+0.0979%
★Best Day
+$19.64
Aug 15
◎Open Interest
⚡Funding APR
+35.75%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
2.3d
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.