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updated 1:33:59 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
+0.00%
3d Period Avg+4.31%
LONG Bybit · now
+10.96%
3d avg:+6.65%
SHORT KuCoin · nowWIFUSDTM
+10.96%
3d avg:+10.96%
Entry Spread Now
−0.109%
Eaten by executionL 0.1561 · S 0.1559−$10.89 if it converges
24h range −0.54%…+0.42% · median +0.01%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$19.46
−0.19%
$Avg Daily PnL
+$0.88
+0.0088%
★Best Day
+$1.87
Jul 16
◎Open Interest
⚡Funding APR
+3.23%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
26.0d
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.