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updated 12:56:44 AMFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~2.7d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+99.54%
3d Period Avg+17.49%
swing±26.42%
LONG Hotcoin · now
−16.44%
3d avg:−5.65%
SHORT dYdX · now
+83.11%
3d avg:+11.84%
Entry Spread Now
+0.169%
In your favorL ask 8.8940 · S bid 8.9090+$16.87 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
−$60.59
−0.61%
$Avg Daily PnL
+$3.59
+0.0359%
★Best Day
+$10.60
Sep 18
◎Open Interest
Hotcoin$10.82M
dYdX$252.3K⚡Funding APR
+13.09%
annualized · funding only
⚠Execution Cost
−$74.93
entry + exit fees
⏱Payback
20.9d
to break even
◧24h Volume
Hotcoin—dYdX$67.2KLoading 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 (−$74.93 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.