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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+29.83%
swing±33.73%
LONG MEXC · now
+10.96%
3d avg:−1.75%
SHORT Hyperliquid · now
+10.96%
3d avg:+28.08%
Entry Spread Now
−0.342%
Against youL 0.2282 · S 0.2274−$34.18 if it converges
24h range −0.72%…+1.25% · median +0.09%
Long pays every8hShort pays every1h
LONGmaker0%/taker0.020%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
+$11.16
+0.11%
$Avg Daily PnL
+$8.05
+0.0805%
★Best Day
+$14.71
Sep 29
◎Open Interest
⚡Funding APR
+29.40%
annualized · funding only
⚠Execution Cost
−$13.00
entry + exit fees
⏱Payback
1.6d
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 (−$13.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.