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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+0.52%
swing±8.91%
LONG Hyperliquid · now
+10.96%
3d avg:+8.42%
SHORT Aster · now
+10.96%
3d avg:+8.94%
Entry Spread Now
+0.079%
Eaten by executionL 1.3874 · S 1.3885+$7.85 if it converges
24h range −0.51%…+0.38% · median +0.00%
Long pays every1hShort pays every4h
LONGmaker0.015%/taker0.045%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
−$16.93
−0.17%
$Avg Daily PnL
+$0.02
+0.0002%
★Best Day
+$0.46
Oct 14
◎Open Interest
⚡Funding APR
+0.09%
annualized · funding only
⚠Execution Cost
−$17.00
entry + exit fees
⏱Payback
23.2mo
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 (−$17.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.