← Back to Screener
updated 2:41:55 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~6.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+15.61%
30d Period Avg+2.57%
LONG trade[XYZ] · nowxyz:LLY
−4.65%
30d avg:+8.39%
SHORT Gate.io · now
+10.96%
30d avg:+10.96%
Entry Spread Now
+0.075%
Eaten by executionL 1,181.4 · S 1,182.29+$7.53 if it converges
24h range −0.12%…+0.14% · median +0.00%
Long pays every1hShort pays every8h
LONGmaker0.030%/taker0.090%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$2.66
+0.03%
$Avg Daily PnL
+$0.99
+0.0099%
★Best Day
+$6.82
Aug 14
◎Open Interest
![trade[XYZ]](/icons/exchanges/hyperliquid.jpg){kind=icon}
trade[XYZ]$4.45M
Gate.io$554.7K⚡Funding APR
+3.61%
annualized · funding only
⚠Execution Cost
−$28.00
entry + exit fees
⏱Payback
28.3d
to break even
◧24h Volume
trade[XYZ]$100.0KGate.io$109.6KLoading 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 (−$28.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.