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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−17.15%
3d Period Avg+4.75%
swing±17.80%
LONG dYdX · now
+27.67%
3d avg:+1.09%
SHORT Lighter · now
+10.52%
3d avg:+5.84%
Entry Spread Now
−0.086%
Against youL ask 2,439.5 · S bid 2,437.4−$8.61 at entry
24h range +0.00%…+0.18% · median +0.08%
Long pays every1hShort pays every1h
LONGmaker0.010%/taker0.050%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$10.18
−0.10%
$Avg Daily PnL
+$1.18
+0.0118%
★Best Day
+$1.93
Oct 15
◎Open Interest
⚡Funding APR
+4.32%
annualized · funding only
⚠Execution Cost
−$13.73
entry + exit fees
⏱Payback
11.6d
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 + live L2 orderbook slippage on both legs (−$13.73 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.