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updated 4:38:04 AMFunding 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
−5.37%
3d Period Avg−5.37%
LONG KuCoin · nowOPENAIUSDTM
+5.48%
3d avg:+5.48%
SHORT Gate.io · now
+0.11%
3d avg:+0.11%
Entry Spread Now
+8.745%
In your favorL 1,157.63 · S 1,258.87+$874.55 if it converges
24h range −0.17%…+8.53% · median +1.80%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$26.41
−0.26%
$Avg Daily PnL
−$1.10
−0.0110%
★Best Day
−$0.49
Aug 17
◎Open Interest
KuCoin$721.4K
Gate.io$1.67M⚡Funding APR
−4.02%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
KuCoin$16.0KGate.io$573.1KLoading 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.