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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−25.56%
swing±59.84%
LONG WEEX · now
+10.96%
3d avg:−1.88%
SHORT Hyperliquid · now
+10.96%
3d avg:−27.44%
Entry Spread Now
−0.438%
Against youL 7.7820 · S 7.7479−$43.82 if it converges
24h range −0.40%…+0.38% · median −0.05%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.080%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
−$55.16
−0.55%
$Avg Daily PnL
−$6.32
−0.0632%
★Best Day
+$5.07
Sep 27
◎Open Interest
⚡Funding APR
−23.06%
annualized · funding only
⚠Execution Cost
−$36.21
entry + exit fees
⏱Payback
never
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 (−$36.21 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.