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updated 10:36:50 PMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~8.2d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+12.37%
3d Period Avg+5.87%
LONG HyENA · nowhyna:ETH
+10.96%
3d avg:+12.45%
SHORT Reya · nowETHRUSDPERP
+23.33%
3d avg:+18.32%
Entry Spread Now
−0.100%
Eaten by executionL 1,903.8 · S 1,901.9−$9.99 if it converges
24h range −0.17%…−0.06% · median −0.12%
Long pays every1hShort pays every1h
LONGmaker0.030%/taker0.090%SHORTmaker0.010%/taker0.030%
Loading Funding History…
↗Total PnL
−$22.91
−0.23%
$Avg Daily PnL
+$1.22
+0.0122%
★Best Day
+$2.41
Aug 17
◎Open Interest
HyENA$1.64M
Reya$2.59M⚡Funding APR
+4.45%
annualized · funding only
⚠Execution Cost
−$27.79
entry + exit fees
⏱Payback
22.8d
to break even
◧24h Volume
HyENA$185.7KReya$311.1KLoading 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 (−$27.79 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.