← 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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−7.14%
3d Period Avg−7.18%
swing±5.46%
LONG Hyperliquid · now
+10.96%
3d avg:+9.88%
SHORT Toobit · nowBTC-SWAP-USDT
+3.82%
3d avg:+2.70%
Entry Spread Now
−0.020%
Against youL ask 84,214 · S bid 84,197.3−$1.98 at entry
24h range −0.14%…+0.07% · median −0.01%
Long pays every1hShort pays every8h
LONGmaker0.015%/taker0.045%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$27.21
−0.27%
$Avg Daily PnL
−$1.52
−0.0152%
★Best Day
−$0.48
Sep 25
◎Open Interest
Hyperliquid$1.65B
Toobit$1.93B⚡Funding APR
−5.55%
annualized · funding only
⚠Execution Cost
−$21.13
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
Hyperliquid$3.85BToobit$5.19BLoading 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 (−$21.13 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.