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updated 3:15:17 AMFunding Arbitrage Backtester
Size$
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
−5.26%
3d Period Avg+15.35%
LONG KuCoin · nowTRUSTUSDTM
+16.22%
3d avg:+34.92%
SHORT Gate.io · now
+10.96%
3d avg:+50.27%
Entry Spread Now
−0.101%
Eaten by executionL 0.04953 · S 0.04948−$10.09 if it converges
24h range −0.32%…+0.42% · median −0.10%
Long pays every4hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$4.91
−0.05%
$Avg Daily PnL
+$4.27
+0.0427%
★Best Day
+$20.08
Aug 15
◎Open Interest
KuCoin$778.4K
Gate.io$412.9K⚡Funding APR
+15.59%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
5.2d
to break even
◧24h Volume
KuCoin$711.4KGate.io$24.9KLoading 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.