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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 ~1.5d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+96.12%
3d Period Avg+97.40%
swing±128.48%
LONG ApeX · now
+10.96%
3d avg:+10.04%
SHORT dYdX · now
+107.08%
3d avg:+107.44%
Entry Spread Now
+0.085%
Eaten by executionL 0.08981 · S 0.08989+$8.54 if it converges
24h range −0.15%…+0.65% · median +0.02%
Long pays every1hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.010%/taker0.050%
Loading Funding History…
↗Total PnL
+$39.79
+0.40%
$Avg Daily PnL
+$19.69
+0.1969%
★Best Day
+$34.57
Sep 21
◎Open Interest
⚡Funding APR
+71.88%
annualized · funding only
⚠Execution Cost
−$38.98
entry + exit fees
⏱Payback
2.0d
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 (−$38.98 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.