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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−24.11%
3d Period Avg+18.31%
swing±43.40%
LONG KuCoin · nowSTARUSDTM
+35.06%
3d avg:+15.22%
SHORT Gate.io · now
+10.96%
3d avg:+33.53%
Entry Spread Now
−1.329%
Against youL 0.03763 · S 0.03713−$132.87 if it converges
24h range −2.35%…−0.69% · median −1.38%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker-0.010%/taker0.075%
Loading Funding History…
↗Total PnL
−$11.96
−0.12%
$Avg Daily PnL
+$5.01
+0.0501%
★Best Day
+$15.94
Sep 25
◎Open Interest
⚡Funding APR
+18.30%
annualized · funding only
⚠Execution Cost
−$27.00
entry + exit fees
⏱Payback
5.4d
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 (−$27.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.