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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~3.9d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+22.35%
3d Period Avg+51.65%
swing±25.81%
LONG Gate.io · now
−11.40%
3d avg:+5.68%
SHORT Hyperliquid · now
+10.96%
3d avg:+57.33%
Entry Spread Now
+0.191%
In your favorL 0.05641 · S 0.05652+$19.15 if it converges
24h range −0.11%…+0.62% · median +0.26%
Long pays every8hShort pays every1h
LONGmaker-0.010%/taker0.075%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
+$15.75
+0.16%
$Avg Daily PnL
+$13.25
+0.1325%
★Best Day
+$16.58
Sep 26
◎Open Interest
⚡Funding APR
+48.37%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
1.8d
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 (−$24.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.