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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+13.04%
swing±10.34%
LONG WEEX · now
+10.96%
3d avg:−1.91%
SHORT Hyperliquid · now
+10.96%
3d avg:+11.13%
Entry Spread Now
−0.879%
Against youL 0.2252 · S 0.2232−$87.91 if it converges
24h range −0.49%…+0.86% · median +0.08%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.080%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
−$19.23
−0.19%
$Avg Daily PnL
+$3.22
+0.0322%
★Best Day
+$4.47
Sep 25
◎Open Interest
⚡Funding APR
+11.77%
annualized · funding only
⚠Execution Cost
−$28.90
entry + exit fees
⏱Payback
9.0d
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 (−$28.90 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.