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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+1.65%
swing±4.65%
LONG WEEX · now
+10.96%
3d avg:+10.96%
SHORT Hyperliquid · nowkSHIB
+10.96%
3d avg:+12.61%
Entry Spread Now
−0.421%
Against youL 0.005938 · S 0.005913−$42.10 if it converges
24h range −0.29%…+0.39% · median +0.10%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.080%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
−$23.78
−0.24%
$Avg Daily PnL
+$0.41
+0.0041%
★Best Day
+$0.93
Sep 26
◎Open Interest
⚡Funding APR
+1.49%
annualized · funding only
⚠Execution Cost
−$25.00
entry + exit fees
⏱Payback
2.0mo
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 + fees only (orderbook snapshot stale) on both legs (−$25.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.