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updated 4:33:51 PMFunding Arbitrage Backtester
Size$
R-trip cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−5.16%
3d Period Avg+2.05%
LONG Binance Futures · now
+1.33%
3d avg:+5.91%
SHORT Hyperliquid · now
−3.83%
3d avg:+7.96%
Entry Spread Now
−0.009%
Against youL ask 66,502.2 · S bid 66,496−$0.93 at entry
24h range −0.15%…+0.15% · median −0.00%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
−$16.94
−0.17%
$Avg Daily PnL
+$0.56
+0.0056%
★Best Day
+$1.75
Jul 19
◎Open Interest
⚡Funding APR
+2.04%
annualized · funding only
⚠Execution Cost
−$19.17
entry + exit fees
⏱Payback
1.1mo
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 (−$19.17 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.