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updated 11:34:48 PMFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~3.9d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+95.69%
1d Period Avg+39.10%
swing±23.42%
LONG Hotcoin · now
−16.44%
1d avg:−14.91%
SHORT dYdX · now
+79.25%
1d avg:+24.19%
Entry Spread Now
−0.088%
Against youL ask 8.8840 · S bid 8.8762−$8.78 at entry
24h range −1.13%…+1.39% · median −0.00%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.060%SHORTmaker0.010%/taker0.050%
Loading Funding History…
↗Total PnL
−$92.77
−0.93%
$Avg Daily PnL
+$10.60
+0.1060%
★Best Day
+$10.60
Sep 18
◎Open Interest
Hotcoin$10.80M
dYdX$251.8K⚡Funding APR
+38.67%
annualized · funding only
⚠Execution Cost
−$103.36
entry + exit fees
⏱Payback
9.8d
to break even
◧24h Volume
Hotcoin—dYdX$69.8KLoading 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 (−$103.36 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.