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updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding covers it in ~0.9d
β Slippage not modeled β actual cost may differ
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
+93.96%
3d Period Avg+60.10%
swingΒ±161.55%
LONG Crypto.com Β· nowMANAUSD-PERP
β83.00%
3d avg:β157.61%
SHORT KuCoin Β· nowMANAUSDTM
+10.96%
3d avg:β97.51%
Entry Spread Now
β0.251%
Against youL 0.1035 Β· S 0.1032β$25.13 if it converges
24h range β0.70%β¦+0.78% Β· median β0.09%
Long pays every1hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding Historyβ¦
βTotal PnL
β$5.99
β0.06%
$Avg Daily PnL
+$5.34
+0.0534%
β
Best Day
+$11.29
Oct 3
βOpen Interest
β‘Funding APR
+19.48%
annualized Β· funding only
β Execution Cost
β$22.00
entry + exit fees
β±Payback
4.1d
to break even
β§24h Volume
Loading Cumulative PnLβ¦
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 (β$22.00 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.