← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~8.0d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+10.01%
7d Period Avg+14.08%
swing±21.47%
LONG Pionex · nowDOGE_USDT_PERP
+5.00%
7d avg:+8.85%
SHORT Hyperliquid · now
+15.01%
7d avg:+22.93%
Entry Spread Now
+0.121%
In your favorL ask 0.09603 · S bid 0.09615+$12.08 at entry
24h range −0.11%…+0.51% · median +0.12%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
+$5.13
+0.05%
$Avg Daily PnL
+$3.85
+0.0385%
★Best Day
+$11.46
Sep 21
◎Open Interest
Pionex$2.63M
Hyperliquid$62.08M⚡Funding APR
+14.07%
annualized · funding only
⚠Execution Cost
−$21.85
entry + exit fees
⏱Payback
5.7d
to break even
◧24h Volume
Pionex$3.43MHyperliquid$17.75MLoading 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 (−$21.85 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.