← Back to Screener
updated 8:33:11 PMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−15.60%
3d Period Avg−8.19%
LONG trade[XYZ] · nowxyz:BABA
+15.60%
3d avg:+8.19%
SHORT Aster · now
+0.00%
3d avg:+0.00%
Entry Spread Now
+0.089%
Eaten by executionL 124.6900 · S 124.8012+$8.92 if it converges
24h range −0.18%…+0.25% · median +0.04%
Long pays every1hShort pays every8h
LONGmaker0.030%/taker0.090%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
−$34.63
−0.35%
$Avg Daily PnL
−$2.16
−0.0216%
★Best Day
−$0.20
Aug 14
◎Open Interest
![trade[XYZ]](/icons/exchanges/hyperliquid.jpg){kind=icon}
trade[XYZ]$11.69M
Aster$37.3K⚡Funding APR
−7.87%
annualized · funding only
⚠Execution Cost
−$26.00
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
trade[XYZ]$3.37MAster$12.5KLoading 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 (−$26.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.