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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+50.67%
swing±52.58%
LONG KuCoin · nowSKHYNIXUSDTM
+0.00%
3d avg:−1.07%
SHORT Toobit · nowSKHYNIX-SWAP-USDT
+0.00%
3d avg:+49.60%
Entry Spread Now
−0.160%
Against youL ask 978.2300 · S bid 976.6700−$15.95 at entry
24h range −0.49%…+0.98% · median −0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$13.56
−0.14%
$Avg Daily PnL
+$13.87
+0.1387%
★Best Day
+$15.47
Oct 18
◎Open Interest
⚡Funding APR
+50.63%
annualized · funding only
⚠Execution Cost
−$55.18
entry + exit fees
⏱Payback
4.0d
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 + live L2 orderbook slippage on both legs (−$55.18 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.