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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+28.32%
swing±35.52%
LONG MEXC · now
+10.96%
3d avg:+8.68%
SHORT Hyperliquid · now
+10.96%
3d avg:+37.00%
Entry Spread Now
−0.121%
Against youL 3.1300 · S 3.1262−$12.14 if it converges
24h range −0.42%…+0.58% · median +0.07%
Long pays every8hShort pays every1h
LONGmaker0%/taker0.020%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
+$8.00
+0.08%
$Avg Daily PnL
+$7.00
+0.0700%
★Best Day
+$12.06
Sep 26
◎Open Interest
⚡Funding APR
+25.55%
annualized · funding only
⚠Execution Cost
−$13.00
entry + exit fees
⏱Payback
1.9d
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 (−$13.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.