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updated 2:29:31 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.2d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+30.97%
30d Period Avg+7.96%
LONG Paradex · nowUS100-USD-PERP
−25.45%
30d avg:−1.42%
SHORT Ondo · nowUS100-USD.P
+5.52%
30d avg:+6.54%
Entry Spread Now
−0.333%
Against youL ask 30,220.7 · S bid 30,120.06−$33.30 at entry
24h range +0.06%…+0.13% · median +0.10%
Long pays every8hShort pays every1h
LONGmaker0%/taker0.007%SHORTmaker0.015%/taker0.035%
Loading Funding History…
↗Total PnL
+$55.75
+0.56%
$Avg Daily PnL
+$2.14
+0.0214%
★Best Day
+$16.68
Jul 24
◎Open Interest
Paradex$999
Ondo$9.91M⚡Funding APR
+7.81%
annualized · funding only
⚠Execution Cost
−$10.55
entry + exit fees
⏱Payback
4.9d
to break even
◧24h Volume
Paradex$1.0KOndo$6.78MLoading 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 (−$10.55 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.