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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 not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+2.01%
swing±6.07%
LONG grvt · nowCRV_USDT_Perp
+10.96%
3d avg:+10.96%
SHORT Hyperliquid · now
+10.96%
3d avg:+12.97%
Entry Spread Now
−0.351%
Against youL 0.3879 · S 0.3865−$35.06 if it converges
24h range −0.65%…+0.78% · median +0.08%
Long pays every8hShort pays every1h
LONGmaker0.010%/taker0.050%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
−$17.61
−0.18%
$Avg Daily PnL
+$0.46
+0.0046%
★Best Day
+$1.31
Sep 29
◎Open Interest
⚡Funding APR
+1.70%
annualized · funding only
⚠Execution Cost
−$19.00
entry + exit fees
⏱Payback
1.4mo
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 (−$19.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.