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updated 1:27:33 AMFunding Arbitrage Backtester
Size$
R-trip cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+10.96%
3d Period Avg+24.17%
LONG Bybit · now
+0.00%
3d avg:−5.57%
SHORT KuCoin · nowMRVLUSDTM
+10.96%
3d avg:+18.60%
Entry Spread Now
+0.054%
Eaten by executionL 186.7100 · S 186.8100+$5.36 if it converges
24h range −0.60%…+0.77% · median −0.13%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$3.15
−0.03%
$Avg Daily PnL
+$4.96
+0.0496%
★Best Day
+$11.98
Jul 17
◎Open Interest
⚡Funding APR
+18.11%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
4.6d
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 (−$23.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.