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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~3.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+25.20%
3d Period Avg+18.68%
swing±9.07%
LONG Hotcoin · now
−14.24%
3d avg:−8.25%
SHORT KuCoin · nowXPLUSDTM
+10.96%
3d avg:+10.43%
Entry Spread Now
+0.093%
Eaten by executionL 0.1072 · S 0.1073+$9.33 if it converges
24h range −1.40%…+0.57% · median −0.01%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$8.36
−0.08%
$Avg Daily PnL
+$5.21
+0.0521%
★Best Day
+$5.35
Sep 27
◎Open Interest
⚡Funding APR
+19.03%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
4.6d
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 (−$24.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.