← Back to Screener
updated 8:34:00 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
−3.73%
3d Period Avg+2.76%
LONG Hotcoin · now
+5.48%
3d avg:+2.90%
SHORT KuCoin · nowMASKUSDTM
+1.75%
3d avg:+5.66%
Entry Spread Now
−0.057%
Eaten by executionL 0.3494 · S 0.3492−$5.72 if it converges
24h range −0.11%…+0.31% · median +0.03%
Long pays every8hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$21.24
−0.21%
$Avg Daily PnL
+$0.92
+0.0092%
★Best Day
+$1.50
Aug 15
◎Open Interest
Hotcoin$141.4K
KuCoin$679.5K⚡Funding APR
+3.36%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
26.1d
to break even
◧24h Volume
Hotcoin—KuCoin$4.8KLoading 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.