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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%
7d Period Avg+21.47%
swing±29.81%
LONG Gate.io · now
+10.96%
7d avg:+3.46%
SHORT Hyperliquid · now
+10.96%
7d avg:+24.93%
Entry Spread Now
+0.100%
Eaten by executionL 0.2300 · S 0.2302+$10.00 if it converges
24h range −1.07%…+1.34% · median +0.05%
Long pays every8hShort pays every1h
LONGmaker-0.010%/taker0.075%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
+$16.72
+0.17%
$Avg Daily PnL
+$5.82
+0.0582%
★Best Day
+$15.06
Sep 29
◎Open Interest
⚡Funding APR
+21.23%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
4.1d
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 (−$24.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.