← Back to Screener
updated —NIGHT Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.8d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+97.52%
3d Period Avg+15.59%
swing±33.12%
LONG KuCoin · nowNIGHTUSDTM
−96.86%
3d avg:−8.12%
SHORT BingX · now
+0.66%
3d avg:+7.47%
Entry Spread Now
+0.117%
In your favorL 0.04675 · S 0.04680+$11.68 if it converges
24h range −0.86%…+0.73% · median −0.08%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$9.19
−0.09%
$Avg Daily PnL
+$4.27
+0.0427%
★Best Day
+$6.25
Nov 14
◎Open Interest
⚡Funding APR
+15.58%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
5.2d
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.