← Back to Screener
updated —AAVE Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−1.32%
7d Period Avg+3.25%
swing±11.97%
LONG Hyperliquid · now
+8.57%
7d avg:+2.51%
SHORT Pionex · nowAAVE_USDT_PERP
+7.25%
7d avg:+5.76%
Entry Spread Now
+0.003%
NeutralL 107.0964 · S 107.1000
24h range −0.65%…+0.32% · median +0.01%
Long pays every1hShort pays every8h
LONGmaker0.015%/taker0.045%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$15.99
−0.16%
$Avg Daily PnL
+$1.10
+0.0110%
★Best Day
+$2.32
Nov 10
◎Open Interest
Hyperliquid$40.18M
Pionex$727.9K⚡Funding APR
+4.02%
annualized · funding only
⚠Execution Cost
−$23.69
entry + exit fees
⏱Payback
21.5d
to break even
◧24h Volume
Hyperliquid$7.21MPionex$3.76MLoading 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 (−$23.69 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.