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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.6d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+48.40%
30d Period Avg+29.51%
swing±78.52%
LONG BloFin · now
+16.03%
30d avg:−45.35%
SHORT Hyperliquid · now
+64.44%
30d avg:−15.84%
Entry Spread Now
−0.158%
Against youL 0.006336 · S 0.006326−$15.78 if it converges
24h range −0.85%…+0.66% · median +0.11%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.060%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
+$192.69
+1.93%
$Avg Daily PnL
+$7.12
+0.0712%
★Best Day
+$37.92
Sep 7
◎Open Interest
⚡Funding APR
+26.00%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
3.0d
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 (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.