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updated 7:22:41 PMFunding 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
+0.00%
3d Period Avg+9.53%
LONG Variational · now
+10.96%
3d avg:+1.43%
SHORT KuCoin · nowQNTUSDTM
+10.96%
3d avg:+10.96%
Entry Spread Now
+0.038%
Eaten by executionL 56.9682 · S 56.9900+$3.84 if it converges
24h range −1.33%…+0.55% · median +0.29%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$5.17
−0.05%
$Avg Daily PnL
+$1.71
+0.0171%
★Best Day
+$7.12
Aug 17
◎Open Interest
Variational$45.7K
KuCoin$2.18M⚡Funding APR
+6.23%
annualized · funding only
⚠Execution Cost
−$12.00
entry + exit fees
⏱Payback
7.0d
to break even
◧24h Volume
Variational$51.4KKuCoin$98.4KLoading 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 (−$12.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.