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updated 3:19:55 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~4.2d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+20.72%
30d Period Avg+1.02%
LONG KuCoin · nowUBUSDTM
+2.19%
30d avg:+13.13%
SHORT Toobit · nowUB-SWAP-USDT
+22.91%
30d avg:+14.15%
Entry Spread Now
−0.071%
Eaten by executionL 0.1200 · S 0.1199−$7.13 if it converges
24h range −0.82%…+0.59% · median −0.09%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$15.57
−0.16%
$Avg Daily PnL
+$0.27
+0.0027%
★Best Day
+$24.09
Aug 8
◎Open Interest
KuCoin$6.51M
Toobit$50.8K⚡Funding APR
+0.99%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
2.9mo
to break even
◧24h Volume
KuCoin$710.9KToobit$9.05MLoading 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 (−$24.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.