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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
−0.37%
7d Period Avg+6.58%
swing±20.16%
LONG dYdX · now
+10.89%
7d avg:−5.82%
SHORT Lighter · now
+10.52%
7d avg:+0.76%
Entry Spread Now
+0.156%
In your favorL ask 2,433.6 · S bid 2,437.4+$15.61 at entry
24h range +0.00%…+0.19% · median +0.07%
Long pays every1hShort pays every1h
LONGmaker0.010%/taker0.050%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$1.87
−0.02%
$Avg Daily PnL
+$1.78
+0.0178%
★Best Day
+$8.16
Oct 12
◎Open Interest
⚡Funding APR
+6.51%
annualized · funding only
⚠Execution Cost
−$14.35
entry + exit fees
⏱Payback
8.1d
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 (−$14.35 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.