← Back to Screener
updated 6:14:30 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.8d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+43.06%
3d Period Avg+16.58%
LONG KuCoin · nowAPEUSDTM
−32.11%
3d avg:−7.59%
SHORT Hyperliquid · now
+10.96%
3d avg:+8.99%
Entry Spread Now
+0.057%
Eaten by executionL 0.1236 · S 0.1237+$5.66 if it converges
24h range −0.28%…+0.45% · median −0.02%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.060%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
−$7.43
−0.07%
$Avg Daily PnL
+$3.39
+0.0339%
★Best Day
+$7.84
Aug 15
◎Open Interest
KuCoin$3.69M
Hyperliquid$756.9K⚡Funding APR
+12.39%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
6.2d
to break even
◧24h Volume
KuCoin$186.9KHyperliquid$68.3KLoading 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 (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.