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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+4.65%
swing±6.00%
LONG Hyperliquid · now
+10.96%
3d avg:+5.36%
SHORT WOOFi Pro · nowPERP_BTC_USDC
+10.96%
3d avg:+10.01%
Entry Spread Now
−0.065%
Against youL ask 84,155 · S bid 84,100.2−$6.51 at entry
24h range −0.15%…+0.09% · median −0.03%
Long pays every1hShort pays every8h
LONGmaker0.015%/taker0.045%SHORTmaker0%/taker0.030%
Loading Funding History…
↗Total PnL
−$12.92
−0.13%
$Avg Daily PnL
+$0.80
+0.0080%
★Best Day
+$1.18
Sep 29
◎Open Interest
⚡Funding APR
+2.92%
annualized · funding only
⚠Execution Cost
−$15.32
entry + exit fees
⏱Payback
19.1d
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 (−$15.32 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.