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updated 3:18:56 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
−88.10%
3d Period Avg+27.06%
LONG KuCoin · nowPTBUSDTM
+252.24%
3d avg:+28.29%
SHORT Gate.io · now
+164.14%
3d avg:+55.35%
Entry Spread Now
+0.043%
Eaten by executionL 0.0009218 · S 0.0009222+$4.34 if it converges
24h range −0.38%…+0.63% · median +0.09%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$0.22
+0.00%
$Avg Daily PnL
+$5.56
+0.0556%
★Best Day
+$7.71
Aug 16
◎Open Interest
KuCoin$1.82M
Gate.io$1.06M⚡Funding APR
+20.28%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
4.0d
to break even
◧24h Volume
KuCoin$1.54MGate.io$343.8KLoading 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.