← Back to Screener
updated 1:18:34 AMFunding Arbitrage Backtester
Size$
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%
30d Period Avg+7.15%
LONG Hyperliquid · now
+10.96%
30d avg:+2.24%
SHORT BingX · now
+10.96%
30d avg:+9.39%
Entry Spread Now
−0.014%
NeutralL 0.7641 · S 0.7640
24h range −0.20%…+0.17% · median −0.00%
Long pays every1hShort pays every8h
LONGmaker0.015%/taker0.045%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$39.58
+0.40%
$Avg Daily PnL
+$1.89
+0.0189%
★Best Day
+$7.05
Aug 9
◎Open Interest
Hyperliquid$4.33M
BingX$3.94M⚡Funding APR
+6.90%
annualized · funding only
⚠Execution Cost
−$19.00
entry + exit fees
⏱Payback
10.1d
to break even
◧24h Volume
Hyperliquid$987.4KBingX$4.61MLoading 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.