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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
+55.31%
3d Period Avg−14.71%
swing±29.61%
LONG RiseX · nowTAO-PERP
−45.21%
3d avg:+22.49%
SHORT dYdX · now
+10.11%
3d avg:+7.78%
Entry Spread Now
−0.087%
Against youL ask 299.3600 · S bid 299.1000−$8.69 at entry
24h range −0.35%…+0.52% · median −0.02%
Long pays every1hShort pays every1h
LONGmaker0.010%/taker0.030%SHORTmaker0.010%/taker0.050%
Loading Funding History…
↗Total PnL
−$79.09
−0.79%
$Avg Daily PnL
−$3.80
−0.0380%
★Best Day
+$0.81
Oct 2
◎Open Interest
⚡Funding APR
−13.88%
annualized · funding only
⚠Execution Cost
−$67.69
entry + exit fees
⏱Payback
never
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 (−$67.69 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.