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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 ~2.8d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+22.29%
7d Period Avg+4.09%
swing±7.14%
LONG Hyperliquid · now
−11.34%
7d avg:+6.87%
SHORT Aster · now
+10.96%
7d avg:+10.96%
Entry Spread Now
+0.234%
In your favorL 1.1134 · S 1.1160+$23.35 if it converges
24h range −0.39%…+0.26% · median +0.02%
Long pays every1hShort pays every8h
LONGmaker0.015%/taker0.045%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
−$8.19
−0.08%
$Avg Daily PnL
+$1.26
+0.0126%
★Best Day
+$3.18
Oct 15
◎Open Interest
⚡Funding APR
+4.59%
annualized · funding only
⚠Execution Cost
−$17.00
entry + exit fees
⏱Payback
13.5d
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 (−$17.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.