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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.6d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+123.67%
30d Period Avg+68.71%
swing±46.19%
LONG Crypto.com · nowLINEAUSD-PERP
−100.71%
30d avg:−53.03%
SHORT Hyperliquid · now
+22.96%
30d avg:+15.68%
Entry Spread Now
+0.101%
In your favorL 0.002956 · S 0.002959+$10.15 if it converges
24h range −0.51%…+0.93% · median +0.31%
Long pays every1hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
+$545.37
+5.45%
$Avg Daily PnL
+$18.81
+0.1881%
★Best Day
+$34.01
Sep 26
◎Open Interest
⚡Funding APR
+68.67%
annualized · funding only
⚠Execution Cost
−$19.00
entry + exit fees
⏱Payback
1.0d
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 (−$19.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.