← Back to Screener
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+55.10%
swing±69.85%
LONG MEXC · now
+10.96%
3d avg:+11.34%
SHORT Hyperliquid · now
+10.96%
3d avg:+66.44%
Entry Spread Now
−0.025%
Eaten by executionL 0.6413 · S 0.6411−$2.49 if it converges
24h range −2.02%…+1.28% · median +0.10%
Long pays every4hShort pays every1h
LONGmaker0%/taker0.020%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
+$30.82
+0.31%
$Avg Daily PnL
+$14.61
+0.1461%
★Best Day
+$20.22
Sep 26
◎Open Interest
MEXC$2.36M
Hyperliquid$16.04M⚡Funding APR
+53.31%
annualized · funding only
⚠Execution Cost
−$13.00
entry + exit fees
⏱Payback
21.4h
to break even
◧24h Volume
MEXC$5.92MHyperliquid$11.09MLoading 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.