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updated 3:14:45 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
−0.33%
3d Period Avg−3.76%
LONG Bitget · now
+10.96%
3d avg:+4.87%
SHORT KuCoin · nowPENDLEUSDTM
+10.63%
3d avg:+1.11%
Entry Spread Now
−0.234%
Against youL 1.5413 · S 1.5377−$23.36 if it converges
24h range −0.31%…+0.47% · median +0.04%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$27.09
−0.27%
$Avg Daily PnL
−$0.77
−0.0077%
★Best Day
+$2.73
Jul 18
◎Open Interest
⚡Funding APR
−2.82%
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.