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updated —US 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
+0.00%
3d Period Avg+30.03%
swing±41.97%
LONG KuCoin · nowUSUSDTM
+10.96%
3d avg:+11.35%
SHORT MEXC · now
+10.96%
3d avg:+41.38%
Entry Spread Now
+0.181%
In your favorL 0.003859 · S 0.003866+$18.14 if it converges
24h range −0.26%…+0.32% · median −0.06%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0%/taker0.020%
Loading Funding History…
↗Total PnL
+$8.67
+0.09%
$Avg Daily PnL
+$8.22
+0.0822%
★Best Day
+$15.41
Nov 13
◎Open Interest
KuCoin$720.0K
MEXC$487.0K⚡Funding APR
+30.02%
annualized · funding only
⚠Execution Cost
−$16.00
entry + exit fees
⏱Payback
1.9d
to break even
◧24h Volume
KuCoin$73.1KMEXC$195.9KLoading 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 (−$16.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.