← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~4.6d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+19.42%
3d Period Avg+19.10%
swing±4.16%
LONG Variational · now
−8.47%
3d avg:−8.14%
SHORT Hyperliquid · now
+10.96%
3d avg:+10.96%
Entry Spread Now
−0.211%
Against youL ask 10.9070 · S bid 10.8840−$21.09 at entry
24h range −0.21%…+0.86% · median +0.09%
Long pays every8hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
−$8.88
−0.09%
$Avg Daily PnL
+$5.24
+0.0524%
★Best Day
+$5.22
Sep 26
◎Open Interest
⚡Funding APR
+19.12%
annualized · funding only
⚠Execution Cost
−$24.59
entry + exit fees
⏱Payback
4.7d
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 + live L2 orderbook slippage on both legs (−$24.59 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.