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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 ~3.9d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+13.00%
3d Period Avg+5.26%
swing±5.30%
LONG Hyperliquid · now
−2.80%
3d avg:+5.62%
SHORT Arcus · now
+10.20%
3d avg:+10.88%
Entry Spread Now
−0.082%
Against youL ask 2,508.4 · S bid 2,506.34−$8.21 at entry
24h range −0.10%…−0.00% · median −0.04%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.045%SHORTmaker0%/taker0.022%
Loading Funding History…
↗Total PnL
−$9.47
−0.09%
$Avg Daily PnL
+$1.49
+0.0149%
★Best Day
+$1.90
Oct 9
◎Open Interest
⚡Funding APR
+5.44%
annualized · funding only
⚠Execution Cost
−$13.94
entry + exit fees
⏱Payback
9.4d
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 + live L2 orderbook slippage on both legs (−$13.94 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.