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updated 10:35:44 PMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−1.31%
3d Period Avg−1.42%
LONG KuCoin · nowPAXGUSDTM
+10.96%
3d avg:+4.57%
SHORT N1 · now
+9.64%
3d avg:+3.15%
Entry Spread Now
−0.035%
Against youL ask 4,406.82 · S bid 4,405.3−$3.45 at entry
24h range −0.22%…+0.21% · median −0.02%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.060%SHORTmaker0.010%/taker0.050%
Loading Funding History…
↗Total PnL
−$117.11
−1.17%
$Avg Daily PnL
−$0.35
−0.0035%
★Best Day
+$2.40
Aug 16
◎Open Interest
KuCoin$44.25M
N1$10.5K⚡Funding APR
−1.26%
annualized · funding only
⚠Execution Cost
−$115.73
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
KuCoin$5.14MN1$9.1KLoading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (−$115.73 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.