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updated 1:27:42 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
−18.85%
3d Period Avg−2.21%
LONG Bitget · now
+10.96%
3d avg:+8.43%
SHORT KuCoin · nowORDIUSDTM
−7.89%
3d avg:+6.22%
Entry Spread Now
+0.036%
Eaten by executionL 3.6450 · S 3.6463+$3.57 if it converges
24h range −0.59%…+0.62% · median −0.03%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$25.81
−0.26%
$Avg Daily PnL
−$0.45
−0.0045%
★Best Day
+$2.04
Jul 15
◎Open Interest
⚡Funding APR
−1.65%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
never
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 (−$24.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.