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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%
7d Period Avg+20.00%
swing±21.68%
LONG WEEX · now
+10.96%
7d avg:−2.40%
SHORT Hyperliquid · now
+10.96%
7d avg:+17.60%
Entry Spread Now
+0.725%
In your favorL 0.2235 · S 0.2251+$72.49 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
+$7.30
+0.07%
$Avg Daily PnL
+$5.48
+0.0548%
★Best Day
+$7.37
Sep 23
◎Open Interest
⚡Funding APR
+19.98%
annualized · funding only
⚠Execution Cost
−$31.03
entry + exit fees
⏱Payback
5.7d
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 (−$31.03 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.