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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 ~5.5d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+257.42%
30d Period Avg+115.05%
swing±186.24%
LONG Crypto.com · nowSEIUSD-PERP
−122.10%
30d avg:−8.50%
SHORT dYdX · now
+135.31%
30d avg:+106.55%
Entry Spread Now
+0.254%
Eaten by executionL 0.07221 · S 0.07239+$25.37 if it converges
24h range −0.75%…+0.76% · median +0.02%
Long pays every1hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.010%/taker0.050%
Loading Funding History…
↗Total PnL
+$553.63
+5.54%
$Avg Daily PnL
+$31.36
+0.3136%
★Best Day
+$117.94
Sep 28
◎Open Interest
⚡Funding APR
+114.46%
annualized · funding only
⚠Execution Cost
−$387.11
entry + exit fees
⏱Payback
12.3d
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 (−$387.11 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.