← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~108d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.44%
3d Period Avg+6.30%
swing±11.87%
LONG Lighter · now
+10.52%
3d avg:−0.07%
SHORT Hyperliquid · now
+10.96%
3d avg:+6.23%
Entry Spread Now
−0.002%
NeutralL 12.4402 · S 12.4400
24h range −0.08%…+0.05% · median +0.01%
Long pays every1hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
−$7.83
−0.08%
$Avg Daily PnL
+$1.73
+0.0173%
★Best Day
+$1.82
Oct 13
◎Open Interest
⚡Funding APR
+6.30%
annualized · funding only
⚠Execution Cost
−$13.01
entry + exit fees
⏱Payback
7.5d
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 (−$13.01 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.