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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
−2.38%
3d Period Avg+1.28%
swing±7.24%
LONG Hyperliquid · now
+10.96%
3d avg:+6.08%
SHORT ApeX · now
+8.57%
3d avg:+7.36%
Entry Spread Now
−0.047%
Against youL ask 84,287 · S bid 84,247.3−$4.71 at entry
24h range −0.09%…+0.08% · median +0.00%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.045%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$19.05
−0.19%
$Avg Daily PnL
+$0.32
+0.0032%
★Best Day
+$0.83
Sep 28
◎Open Interest
⚡Funding APR
+1.17%
annualized · funding only
⚠Execution Cost
−$20.01
entry + exit fees
⏱Payback
2.1mo
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 (−$20.01 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.