← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.4d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+175.35%
30d Period Avg+10.02%
swing±33.83%
LONG Backpack · nowTIA_USDC_PERP
−1.65%
30d avg:+2.28%
SHORT dYdX · now
+173.69%
30d avg:+12.30%
Entry Spread Now
+0.129%
In your favorL 0.4594 · S 0.4600+$12.88 if it converges
24h range −1.09%…+2.12% · median +0.02%
Long pays every1hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.010%/taker0.050%
Loading Funding History…
↗Total PnL
+$62.30
+0.62%
$Avg Daily PnL
+$2.74
+0.0274%
★Best Day
+$29.48
Sep 20
◎Open Interest
Backpack$101.7K
dYdX$54.7K⚡Funding APR
+10.01%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
7.3d
to break even
◧24h Volume
Backpack$288.6KdYdX$35.8KLoading 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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.