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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.3d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+198.14%
3d Period Avg+29.91%
swing±74.99%
LONG KuCoin · nowSOONUSDTM
+96.86%
3d avg:+36.35%
SHORT Bybit · now
+295.00%
3d avg:+66.26%
Entry Spread Now
−0.676%
Against youL 0.3550 · S 0.3526−$67.61 if it converges
24h range −3.05%…+2.35% · median −0.25%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$45.85
−0.46%
$Avg Daily PnL
+$8.19
+0.0819%
★Best Day
+$16.58
Sep 27
◎Open Interest
⚡Funding APR
+29.88%
annualized · funding only
⚠Execution Cost
−$70.41
entry + exit fees
⏱Payback
8.6d
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 (−$70.41 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.