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updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding never covers this cost
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
β2.16%
7d Period Avgβ2.23%
swingΒ±8.33%
LONG Extended Β· now
+11.40%
7d avg:+6.14%
SHORT Paradex Β· nowETH-USD-PERP
+9.24%
7d avg:+3.91%
Entry Spread Now
β0.004%
NeutralL ask 2,446.8 Β· S bid 2,446.69
24h range β0.37%β¦+0.50% Β· median +0.06%
Long pays every1hShort pays every8h
LONGmaker0%/taker0.025%SHORTmaker0%/taker0.007%
Loading Funding Historyβ¦
βTotal PnL
β$11.57
β0.12%
$Avg Daily PnL
β$0.43
β0.0043%
β
Best Day
+$0.89
Oct 14
βOpen Interest
Extended$13.83M
Paradex$1.74Mβ‘Funding APR
β1.58%
annualized Β· funding only
β Execution Cost
β$8.54
entry + exit fees
β±Payback
never
to break even
β§24h Volume
Extended$94.45MParadex$3.14MLoading Cumulative PnLβ¦
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 (β$8.54 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.