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updated 10:36:58 AMFunding Arbitrage Backtester
Size$
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+0.10%
LONG Hyperliquid · now
+10.96%
3d avg:+10.73%
SHORT StandX · now
+10.96%
3d avg:+10.83%
Entry Spread Now
+0.000%
NeutralL ask 62,981 · S bid 62,981
24h range −0.02%…+0.04% · median −0.00%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.045%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
−$18.47
−0.18%
$Avg Daily PnL
+$0.02
+0.0002%
★Best Day
+$0.07
Aug 13
◎Open Interest
Hyperliquid$2.80B
StandX$42.29M⚡Funding APR
+0.08%
annualized · funding only
⚠Execution Cost
−$18.55
entry + exit fees
⏱Payback
29.9mo
to break even
◧24h Volume
Hyperliquid$234.49MStandX$200.77MLoading 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 (−$18.55 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.