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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 ~3.7d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+13.29%
3d Period Avg+22.32%
swing±18.82%
LONG Bullet · now
−9.73%
3d avg:−22.86%
SHORT Paradex · nowHYPE-USD-PERP
+3.57%
3d avg:−0.54%
Entry Spread Now
+0.043%
Eaten by executionL 88.8560 · S 88.8941+$4.29 if it converges
24h range −0.17%…+0.12% · median −0.02%
Long pays every1hShort pays every8h
LONGmaker0.010%/taker0.040%SHORTmaker0%/taker0.007%
Loading Funding History…
↗Total PnL
+$6.29
+0.06%
$Avg Daily PnL
+$6.53
+0.0653%
★Best Day
+$6.71
Sep 30
◎Open Interest
⚡Funding APR
+23.85%
annualized · funding only
⚠Execution Cost
−$13.31
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 (−$13.31 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.