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updated 5:02:50 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~3.4d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+20.16%
30d Period Avg+5.87%
LONG dYdX · now
+0.00%
30d avg:+0.00%
SHORT Hyperliquid · now
+20.16%
30d avg:+5.87%
Entry Spread Now
+0.414%
In your favorL 0.3209 · S 0.3222+$41.45 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
+$29.24
+0.29%
$Avg Daily PnL
+$1.56
+0.0156%
★Best Day
+$3.77
Aug 15
◎Open Interest
⚡Funding APR
+5.68%
annualized · funding only
⚠Execution Cost
−$19.00
entry + exit fees
⏱Payback
12.2d
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.