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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 ~3.6d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+21.44%
7d Period Avg+15.27%
swing±28.54%
LONG Hyperliquid · now
+15.82%
7d avg:+32.73%
SHORT BloFin · now
+37.26%
7d avg:+48.00%
Entry Spread Now
−0.067%
Eaten by executionL 0.1952 · S 0.1951−$6.66 if it converges
24h range −0.77%…+0.46% · median −0.07%
Long pays every1hShort pays every4h
LONGmaker0.015%/taker0.045%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$7.77
+0.08%
$Avg Daily PnL
+$4.11
+0.0411%
★Best Day
+$10.08
Sep 26
◎Open Interest
⚡Funding APR
+15.00%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
5.1d
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 + fees only (orderbook snapshot stale) on both legs (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.