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updated 9:00:12 PMFunding Arbitrage Backtester
Size$
R-trip cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−16.33%
3d Period Avg+6.95%
LONG KuCoin · nowZENUSDTM
+10.96%
3d avg:+1.91%
SHORT BloFin · now
−5.37%
3d avg:+8.86%
Entry Spread Now
−0.096%
Eaten by executionL 4.1640 · S 4.1600−$9.61 if it converges
24h range −0.22%…+0.17% · median −0.02%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$18.29
−0.18%
$Avg Daily PnL
+$1.90
+0.0190%
★Best Day
+$5.53
Jul 18
◎Open Interest
⚡Funding APR
+6.95%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
12.6d
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.