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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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+0.68%
swing±5.13%
LONG Aster · now
+10.96%
3d avg:+9.50%
SHORT Hyperliquid · now
+10.96%
3d avg:+10.18%
Entry Spread Now
−0.107%
Against youL ask 81.0560 · S bid 80.9690−$10.73 at entry
24h range −0.31%…+0.40% · median −0.11%
Long pays every4hShort pays every1h
LONGmaker0.010%/taker0.040%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
−$20.27
−0.20%
$Avg Daily PnL
+$0.16
+0.0016%
★Best Day
+$1.05
Oct 13
◎Open Interest
⚡Funding APR
+0.59%
annualized · funding only
⚠Execution Cost
−$20.76
entry + exit fees
⏱Payback
4.3mo
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 + live L2 orderbook slippage on both legs (−$20.76 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.