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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 ~12d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+58.36%
3d Period Avg+33.78%
swing±33.51%
LONG TxFlow · now
−9.06%
3d avg:−5.63%
SHORT dYdX · now
+49.30%
3d avg:+28.15%
Entry Spread Now
+0.011%
NeutralL 14.0870 · S 14.0885
24h range −0.08%…+0.28% · median +0.06%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.045%SHORTmaker0.010%/taker0.050%
Loading Funding History…
↗Total PnL
−$170.67
−1.71%
$Avg Daily PnL
+$9.25
+0.0925%
★Best Day
+$17.31
Sep 27
◎Open Interest
⚡Funding APR
+33.76%
annualized · funding only
⚠Execution Cost
−$198.42
entry + exit fees
⏱Payback
21.4d
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 (−$198.42 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.