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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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+17.66%
swing±21.30%
LONG Hyperliquid · now
+10.96%
3d avg:−7.93%
SHORT Aster · now
+10.96%
3d avg:+9.73%
Entry Spread Now
+0.086%
Eaten by executionL 0.2298 · S 0.2300+$8.57 if it converges
24h range −0.69%…+0.23% · median +0.01%
Long pays every1hShort pays every8h
LONGmaker0.015%/taker0.045%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
−$6.50
−0.06%
$Avg Daily PnL
+$4.96
+0.0496%
★Best Day
+$5.20
Oct 13
◎Open Interest
⚡Funding APR
+18.09%
annualized · funding only
⚠Execution Cost
−$21.37
entry + exit fees
⏱Payback
4.3d
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 (−$21.37 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.