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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
−13.88%
3d Period Avg−6.13%
swing±19.21%
LONG BloFin · now
+37.26%
3d avg:+28.69%
SHORT Hyperliquid · now
+23.37%
3d avg:+22.56%
Entry Spread Now
−0.381%
Against youL 0.3599 · S 0.3585−$38.07 if it converges
24h range −0.26%…+0.92% · median +0.16%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.060%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
−$26.73
−0.27%
$Avg Daily PnL
−$1.91
−0.0191%
★Best Day
+$0.91
Sep 26
◎Open Interest
⚡Funding APR
−6.97%
annualized · funding only
⚠Execution Cost
−$21.00
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 (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.