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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+0.18%
swing±6.29%
LONG Hyperliquid · now
+10.96%
3d avg:+8.50%
SHORT Arcus · now
+10.96%
3d avg:+8.68%
Entry Spread Now
−0.132%
Against youL ask 81,965 · S bid 81,856.9−$13.19 at entry
24h range −0.17%…−0.05% · median −0.11%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.045%SHORTmaker0%/taker0.022%
Loading Funding History…
↗Total PnL
−$14.10
−0.14%
$Avg Daily PnL
−$0.01
−0.0001%
★Best Day
+$0.09
Oct 14
◎Open Interest
⚡Funding APR
−0.05%
annualized · funding only
⚠Execution Cost
−$14.06
entry + exit fees
⏱Payback
never
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 (−$14.06 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.