← 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 ~2.0d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+31.20%
3d Period Avg+7.64%
swing±9.21%
LONG Hyperliquid · now
−20.24%
3d avg:+3.32%
SHORT Aster · now
+10.96%
3d avg:+10.96%
Entry Spread Now
+0.051%
Eaten by executionL 1.1094 · S 1.1100+$5.06 if it converges
24h range −0.39%…+0.63% · median +0.02%
Long pays every1hShort pays every8h
LONGmaker0.015%/taker0.045%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
−$10.09
−0.10%
$Avg Daily PnL
+$2.30
+0.0230%
★Best Day
+$3.18
Oct 15
◎Open Interest
Hyperliquid$5.83M
Aster$759.4K⚡Funding APR
+8.41%
annualized · funding only
⚠Execution Cost
−$17.00
entry + exit fees
⏱Payback
7.4d
to break even
◧24h Volume
Hyperliquid$2.02MAster$112.4KLoading 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 (−$17.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.