← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
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
−8.12%
3d Period Avg+33.41%
swing±23.70%
LONG Hyperliquid · now
+10.96%
3d avg:−31.14%
SHORT Binance Futures · now
+2.84%
3d avg:+2.27%
Entry Spread Now
+0.422%
In your favorL 0.0006420 · S 0.0006447+$42.21 if it converges
24h range −0.63%…+0.55% · median +0.03%
Long pays every1hShort pays every4h
LONGmaker0.015%/taker0.045%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$6.74
+0.07%
$Avg Daily PnL
+$8.58
+0.0858%
★Best Day
+$12.66
Oct 15
◎Open Interest
Hyperliquid$710.1K
Binance Futures$5.72M⚡Funding APR
+31.32%
annualized · funding only
⚠Execution Cost
−$19.00
entry + exit fees
⏱Payback
2.2d
to break even
◧24h Volume
Hyperliquid$107.7KBinance Futures$7.38MLoading 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 (−$19.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.