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updated 9:49:55 AMFunding Arbitrage Backtester
Size$
R-trip cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−0.95%
3d Period Avg−1.19%
LONG Hyperliquid · now
+10.96%
3d avg:+10.96%
SHORT Ethereal · now
+10.01%
3d avg:+9.77%
Entry Spread Now
−0.067%
Against youL ask 1,940.8 · S bid 1,939.5−$6.70 at entry
24h range −0.40%…+0.17% · median −0.07%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.045%SHORTmaker0%/taker0.030%
Loading Funding History…
↗Total PnL
−$17.64
−0.18%
$Avg Daily PnL
−$0.24
−0.0024%
★Best Day
−$0.10
Jul 21
◎Open Interest
⚡Funding APR
−0.88%
annualized · funding only
⚠Execution Cost
−$16.67
entry + exit fees
⏱Payback
never
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 (−$16.67 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.