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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%
7d Period Avg+15.69%
swing±26.59%
LONG grvt · nowICP_USDT_Perp
+10.96%
7d avg:+7.13%
SHORT Hyperliquid · now
+10.96%
7d avg:+22.82%
Entry Spread Now
−0.021%
Eaten by executionL 3.4934 · S 3.4927−$2.11 if it converges
24h range −0.82%…+0.88% · median +0.13%
Long pays every8hShort pays every1h
LONGmaker0.010%/taker0.050%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
−$16.67
−0.17%
$Avg Daily PnL
+$4.17
+0.0417%
★Best Day
+$12.05
Sep 26
◎Open Interest
⚡Funding APR
+15.22%
annualized · funding only
⚠Execution Cost
−$45.86
entry + exit fees
⏱Payback
11.0d
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 (−$45.86 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.