← Back to Screener
updated —IO Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~23d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+2.06%
7d Period Avg+12.35%
swing±22.21%
LONG Hyperliquid · now
+8.90%
7d avg:−8.93%
SHORT MEXC · now
+10.96%
7d avg:+3.42%
Entry Spread Now
+0.047%
Eaten by executionL 0.1067 · S 0.1068+$4.68 if it converges
24h range −0.39%…+0.51% · median +0.02%
Long pays every1hShort pays every4h
LONGmaker0.015%/taker0.045%SHORTmaker0%/taker0.020%
Loading Funding History…
↗Total PnL
+$3.91
+0.04%
$Avg Daily PnL
+$2.42
+0.0242%
★Best Day
+$11.83
Nov 8
◎Open Interest
Hyperliquid$461.2K
MEXC$609.5K⚡Funding APR
+8.82%
annualized · funding only
⚠Execution Cost
−$13.00
entry + exit fees
⏱Payback
5.4d
to break even
◧24h Volume
Hyperliquid$164.5KMEXC$203.5KLoading 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.