← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.1d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+86.01%
3d Period Avg+51.25%
swing±44.90%
LONG Bybit · now
+10.96%
3d avg:+16.27%
SHORT Hyperliquid · now
+96.97%
3d avg:+67.52%
Entry Spread Now
−0.154%
Against youL 1.6190 · S 1.6165−$15.44 if it converges
24h range −0.95%…+0.98% · median +0.04%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
+$15.18
+0.15%
$Avg Daily PnL
+$13.83
+0.1383%
★Best Day
+$14.56
Sep 27
◎Open Interest
Bybit$40.60M
Hyperliquid$31.03M⚡Funding APR
+50.47%
annualized · funding only
⚠Execution Cost
−$26.30
entry + exit fees
⏱Payback
1.9d
to break even
◧24h Volume
Bybit$35.25MHyperliquid$24.51MLoading 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 (−$26.30 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.