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updated 4:11:40 AMFunding Arbitrage Backtester
Size$
R-trip cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−2.35%
3d Period Avg−5.01%
LONG Hyperliquid · now
+10.96%
3d avg:+10.96%
SHORT Binance Futures · now
+8.61%
3d avg:+5.95%
Entry Spread Now
−0.024%
Against youL ask 63,982 · S bid 63,966.7−$2.39 at entry
24h range −0.12%…+0.07% · median −0.05%
Long pays every1hShort pays every8h
LONGmaker0.015%/taker0.045%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$23.25
−0.23%
$Avg Daily PnL
−$1.02
−0.0102%
★Best Day
−$0.32
Jul 18
◎Open Interest
⚡Funding APR
−3.71%
annualized · funding only
⚠Execution Cost
−$19.18
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 (−$19.18 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.