← Back to Screener
updated 11:15:09 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.5d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+47.93%
1d Period Avg+38.98%
LONG Hyperliquid · now
−13.74%
1d avg:−2.97%
SHORT N1 · now
+34.19%
1d avg:+36.01%
Entry Spread Now
+0.061%
Eaten by executionL 606.2700 · S 606.6400+$6.10 if it converges
24h range +0.01%…+0.13% · median +0.05%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.045%SHORTmaker0.010%/taker0.050%
Loading Funding History…
↗Total PnL
−$9.36
−0.09%
$Avg Daily PnL
+$5.49
+0.0549%
★Best Day
+$7.23
Aug 16
◎Open Interest
Hyperliquid$33.88M
N1$4.0K⚡Funding APR
+20.02%
annualized · funding only
⚠Execution Cost
−$20.33
entry + exit fees
⏱Payback
3.7d
to break even
◧24h Volume
Hyperliquid$5.70MN1$12.6KLoading 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 (−$20.33 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.