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updated 6:12:47 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~2.1d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+32.63%
3d Period Avg+12.05%
LONG dYdX · now
+0.00%
3d avg:+0.00%
SHORT Hyperliquid · now
+32.63%
3d avg:+12.05%
Entry Spread Now
+0.451%
In your favorL 0.3216 · S 0.3231+$45.06 if it converges
24h range −0.39%…+0.63% · median +0.13%
Long pays every1hShort pays every1h
LONGmaker0.010%/taker0.050%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
−$9.12
−0.09%
$Avg Daily PnL
+$2.47
+0.0247%
★Best Day
+$3.77
Aug 15
◎Open Interest
⚡Funding APR
+9.02%
annualized · funding only
⚠Execution Cost
−$19.00
entry + exit fees
⏱Payback
7.7d
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 (−$19.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.