← Back to Screener
updated 8:02:42 PMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~25d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+3.17%
3d Period Avg+14.78%
LONG Pionex · nowPOWR_USDT_PERP
+7.79%
3d avg:+10.96%
SHORT KuCoin · nowPOWRUSDTM
+10.96%
3d avg:+25.74%
Entry Spread Now
+0.236%
In your favorL 0.03628 · S 0.03637+$23.63 if it converges
24h range −0.44%…+0.53% · median +0.17%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$10.53
−0.11%
$Avg Daily PnL
+$3.82
+0.0382%
★Best Day
+$6.96
Aug 17
◎Open Interest
Pionex$9
KuCoin$300.2K⚡Funding APR
+13.96%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
5.8d
to break even
◧24h Volume
Pionex$3.0KKuCoin$5.7KLoading 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.