← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+9.85%
swing±15.92%
LONG Pionex · nowENA_USDT_PERP
+10.96%
3d avg:+10.96%
SHORT Hyperliquid · now
+10.96%
3d avg:+20.81%
Entry Spread Now
+0.082%
In your favorL ask 0.2701 · S bid 0.2703+$8.15 at entry
24h range −0.20%…+0.51% · median +0.08%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
−$22.08
−0.22%
$Avg Daily PnL
+$2.59
+0.0259%
★Best Day
+$4.40
Sep 25
◎Open Interest
Pionex$3.46M
Hyperliquid$82.69M⚡Funding APR
+9.45%
annualized · funding only
⚠Execution Cost
−$29.85
entry + exit fees
⏱Payback
11.5d
to break even
◧24h Volume
Pionex$10.86MHyperliquid$84.44MLoading 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 (−$29.85 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.