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updated 7:17:50 AMFunding Arbitrage Backtester
Size$
R-trip cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−8.99%
3d Period Avg+4.67%
LONG Bybit · now
+10.96%
3d avg:+6.29%
SHORT KuCoin · nowVETUSDTM
+1.97%
3d avg:+10.96%
Entry Spread Now
+0.192%
In your favorL 0.004678 · S 0.004687+$19.24 if it converges
24h range −0.25%…+0.41% · median +0.04%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$19.17
−0.19%
$Avg Daily PnL
+$0.96
+0.0096%
★Best Day
+$2.56
Jul 15
◎Open Interest
⚡Funding APR
+3.50%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
24.0d
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 (−$23.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.