← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~18d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+3.94%
3d Period Avg+11.85%
swing±24.53%
LONG Hyperliquid · now
+10.96%
3d avg:+9.79%
SHORT Hibachi · nowBTC/USDT-P
+14.90%
3d avg:+21.64%
Entry Spread Now
−0.045%
Against youL ask 83,492 · S bid 83,454.6−$4.48 at entry
24h range −0.09%…+0.10% · median −0.01%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.045%SHORTmaker0%/taker0.045%
Loading Funding History…
↗Total PnL
−$9.64
−0.10%
$Avg Daily PnL
+$3.14
+0.0314%
★Best Day
+$4.00
Oct 20
◎Open Interest
Hyperliquid$3.44B
Hibachi$667.5K⚡Funding APR
+11.48%
annualized · funding only
⚠Execution Cost
−$19.07
entry + exit fees
⏱Payback
6.1d
to break even
◧24h Volume
Hyperliquid$2.45BHibachi$9.23MLoading 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 (−$19.07 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.