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updated 3:16:05 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
+161.51%
3d Period Avg+6.80%
LONG Bitget · now
+116.81%
3d avg:+69.63%
SHORT KuCoin · nowSIRENUSDTM
+278.32%
3d avg:+76.43%
Entry Spread Now
−0.386%
Against youL 0.02847 · S 0.02836−$38.64 if it converges
24h range −0.80%…+0.52% · median −0.36%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$18.41
−0.18%
$Avg Daily PnL
+$1.40
+0.0140%
★Best Day
+$8.92
Jul 17
◎Open Interest
⚡Funding APR
+5.10%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
17.2d
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.