← Back to Screener
updated —HYPE Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.9d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+29.14%
3d Period Avg+22.37%
swing±17.41%
LONG Variational · now
+10.96%
3d avg:+10.90%
SHORT BloFin · now
+40.10%
3d avg:+33.27%
Entry Spread Now
+0.059%
In your favorL ask 69.2562 · S bid 69.2970+$5.89 at entry
24h range −0.41%…+0.85% · median +0.07%
Long pays every8hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$3.34
+0.03%
$Avg Daily PnL
+$6.29
+0.0629%
★Best Day
+$8.41
Nov 12
◎Open Interest
Variational$26.72M
BloFin$16.59M⚡Funding APR
+22.94%
annualized · funding only
⚠Execution Cost
−$15.52
entry + exit fees
⏱Payback
2.5d
to break even
◧24h Volume
Variational$47.54MBloFin$14.82MLoading 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 (−$15.52 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.