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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 ~4.5d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+61.21%
1d Period Avg+58.07%
swing±15.95%
LONG Polymarket · now
−33.57%
1d avg:−34.01%
SHORT dYdX · now
+27.64%
1d avg:+24.06%
Entry Spread Now
−0.047%
Eaten by executionL 58.2950 · S 58.2677−$4.69 if it converges
24h range −0.13%…+0.07% · median −0.02%
Long pays every1hShort pays every1h
LONGmaker0.013%/taker0.040%SHORTmaker0.010%/taker0.050%
Loading Funding History…
↗Total PnL
−$60.29
−0.60%
$Avg Daily PnL
+$15.88
+0.1588%
★Best Day
+$14.99
Oct 17
◎Open Interest
⚡Funding APR
+57.96%
annualized · funding only
⚠Execution Cost
−$76.17
entry + exit fees
⏱Payback
4.8d
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 (−$76.17 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.