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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
−12.93%
3d Period Avg−22.56%
swing±73.43%
LONG KuCoin · nowTRUTHUSDTM
+23.89%
3d avg:+126.23%
SHORT BingX · now
+10.96%
3d avg:+103.67%
Entry Spread Now
+0.031%
Eaten by executionL 0.01292 · S 0.01292+$3.10 if it converges
24h range −0.36%…+0.66% · median +0.15%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$40.53
−0.41%
$Avg Daily PnL
−$6.18
−0.0618%
★Best Day
+$11.19
Sep 26
◎Open Interest
⚡Funding APR
−22.54%
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.