← Back to Screener
updated —MELANIA Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.2d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+62.24%
3d Period Avg+55.25%
swing±59.18%
LONG Hyperliquid · now
−51.28%
3d avg:−48.86%
SHORT Bybit · now
+10.96%
3d avg:+6.39%
Entry Spread Now
−0.197%
Against youL 0.05068 · S 0.05058−$19.73 if it converges
24h range −0.84%…+0.78% · median −0.02%
Long pays every1hShort pays every4h
LONGmaker0.015%/taker0.045%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
+$25.89
+0.26%
$Avg Daily PnL
+$15.30
+0.1530%
★Best Day
+$24.90
Nov 13
◎Open Interest
Hyperliquid$787.2K
Bybit$624.2K⚡Funding APR
+55.83%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
1.3d
to break even
◧24h Volume
Hyperliquid$99.2KBybit$532.5KLoading 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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.