Funding Arbitrage Backtester

updated 4:32:37 PM

Size$

R-trip cost

Funding ArbitrageLooking at price convergence? → /price-pair

Net Funding APR · Now

+20.34%

30d Avg—

LONG Reya

−28.23%

30d: —

SHORT Hyperliquid

−7.89%

30d: —

Long pays every1hShort pays every1h

LONGmaker0.010%/taker0.030%SHORTmaker0.015%/taker0.045%

Loading Funding History…

↗Total PnL

+$272.61

+2.73%

$Avg Daily PnL

+$9.28

+0.0928%

∑Funding PnL

+$287.61

before cost

%Win Rate

100.0%

positive days

★Best Day

+$20.40

Apr 22

◎Open Interest

Reya$1.9K

Hyperliquid$2.38M

⚡APR

+32.10%

annualized

⚠Execution Cost

−$15.00

entry + exit fees

⏱Payback

1.6d

to break even

⤓Max Drawdown

+$0.00

peak → trough

✕Worst Day

+$0.65

Apr 18

◧24h Volume

Reya$1.8K

Hyperliquid$296.2K

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 (−$15.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.