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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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−179.05%
3d Period Avg−96.51%
swing±79.44%
LONG KuCoin · nowUSUSDTM
+259.91%
3d avg:+205.56%
SHORT MEXC · now
+80.87%
3d avg:+109.05%
Entry Spread Now
−0.376%
Eaten by executionL 0.02846 · S 0.02836−$37.59 if it converges
24h range −0.98%…+3.25% · median −0.09%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0%/taker0.020%
Loading Funding History…
↗Total PnL
−$225.01
−2.25%
$Avg Daily PnL
−$26.42
−0.2642%
★Best Day
−$5.41
Sep 28
◎Open Interest
⚡Funding APR
−96.45%
annualized · funding only
⚠Execution Cost
−$145.74
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 (−$145.74 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.