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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 ~29d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+2.98%
3d Period Avg+14.81%
swing±24.46%
LONG Bitunix · now
−2.98%
3d avg:+0.58%
SHORT KuCoin · nowZHIPUUSDTM
+0.00%
3d avg:+15.39%
Entry Spread Now
+0.074%
Eaten by executionL 81.4300 · S 81.4900+$7.37 if it converges
24h range −0.05%…+0.33% · median +0.07%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$11.84
−0.12%
$Avg Daily PnL
+$4.05
+0.0405%
★Best Day
+$6.81
Sep 29
◎Open Interest
⚡Funding APR
+14.80%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
5.9d
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.