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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 ~17d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+4.77%
3d Period Avg−60.27%
swing±58.69%
LONG Crypto.com · nowSQQQUSD-PERP
−1.37%
3d avg:+67.34%
SHORT KuCoin · nowSQQQUSDTM
+3.40%
3d avg:+7.07%
Entry Spread Now
+0.121%
In your favorL 32.9600 · S 33.0000+$12.14 if it converges
24h range −0.23%…+0.53% · median +0.07%
Long pays every1hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$69.05
−0.69%
$Avg Daily PnL
−$15.68
−0.1568%
★Best Day
+$0.25
Oct 1
◎Open Interest
⚡Funding APR
−57.25%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
never
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.