β Back to Screener
updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding never covers this cost
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
β9.18%
3d Period Avgβ6.71%
swingΒ±2.36%
LONG Hyperliquid Β· now
+10.96%
3d avg:+10.96%
SHORT OKX Β· nowBTC-USDT-SWAP
+1.78%
3d avg:+4.25%
Entry Spread Now
β0.011%
Against youL ask 83,064 Β· S bid 83,055.3β$1.05 at entry
24h range β0.13%β¦+0.10% Β· median β0.02%
Long pays every1hShort pays every8h
LONGmaker0.015%/taker0.045%SHORTmaker0.020%/taker0.050%
Loading Funding Historyβ¦
βTotal PnL
β$24.64
β0.25%
$Avg Daily PnL
β$1.84
β0.0184%
β
Best Day
β$0.65
Oct 4
βOpen Interest
Hyperliquid$1.67B
OKX$2.52Bβ‘Funding APR
β6.70%
annualized Β· funding only
β Execution Cost
β$19.13
entry + exit fees
β±Payback
never
to break even
β§24h Volume
Hyperliquid$2.79BOKX$7.32BLoading Cumulative PnLβ¦
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 (β$19.13 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.