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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 ~6.3d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+10.62%
3d Period Avg+8.84%
swing±5.00%
LONG dYdX · now
−0.10%
3d avg:−1.46%
SHORT Lighter · now
+10.52%
3d avg:+7.38%
Entry Spread Now
−0.068%
Against youL ask 105.4600 · S bid 105.3880−$6.83 at entry
24h range −0.03%…+0.22% · median +0.07%
Long pays every1hShort pays every1h
LONGmaker0.010%/taker0.050%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$11.01
−0.11%
$Avg Daily PnL
+$2.42
+0.0242%
★Best Day
+$2.42
Oct 13
◎Open Interest
⚡Funding APR
+8.84%
annualized · funding only
⚠Execution Cost
−$18.27
entry + exit fees
⏱Payback
7.5d
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 + live L2 orderbook slippage on both legs (−$18.27 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.