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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
ⓘSlippage estimate may be inaccurate (thin orderbook or partial fill)
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
7d Period Avg+23.21%
swing±62.28%
LONG Hyperliquid · now
+10.96%
7d avg:+57.04%
SHORT MEXC · now
+10.96%
7d avg:+80.25%
Entry Spread Now
−0.571%
Against youL 0.1680 · S 0.1670−$57.14 if it converges
24h range −1.04%…+1.02% · median −0.02%
Long pays every1hShort pays every4h
LONGmaker0.015%/taker0.045%SHORTmaker0%/taker0.020%
Loading Funding History…
↗Total PnL
+$5.49
+0.05%
$Avg Daily PnL
+$6.55
+0.0655%
★Best Day
+$24.44
Sep 27
◎Open Interest
⚡Funding APR
+23.91%
annualized · funding only
⚠Execution Cost
−$40.37
entry + exit fees
⏱Payback
6.2d
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 + fees only (orderbook snapshot stale) on both legs (−$40.37 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.