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updated 10:55:51 PMFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.2d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+80.80%
1d Period Avg+31.21%
swing±71.25%
LONG Hotcoin · now
−17.53%
1d avg:−3.17%
SHORT dYdX · now
+63.27%
1d avg:+28.04%
Entry Spread Now
+0.078%
In your favorL ask 2,618.16 · S bid 2,620.2+$7.79 at entry
24h range −0.20%…+0.13% · median −0.03%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.060%SHORTmaker0.010%/taker0.050%
Loading Funding History…
↗Total PnL
−$20.04
−0.20%
$Avg Daily PnL
+$3.29
+0.0329%
★Best Day
+$7.31
Sep 18
◎Open Interest
Hotcoin$471.04M
dYdX$27.15M⚡Funding APR
+12.01%
annualized · funding only
⚠Execution Cost
−$26.62
entry + exit fees
⏱Payback
8.1d
to break even
◧24h Volume
Hotcoin—dYdX$69.17MLoading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (−$26.62 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.