← Back to Screener
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
+0.00%
7d Period Avg+9.07%
swing±16.94%
LONG Hyperliquid · now
+10.96%
7d avg:+1.89%
SHORT Binance Futures · now
+10.96%
7d avg:+10.96%
Entry Spread Now
+0.484%
In your favorL 0.08171 · S 0.08211+$48.44 if it converges
24h range −0.24%…+0.37% · median +0.07%
Long pays every1hShort pays every4h
LONGmaker0.015%/taker0.045%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$1.86
+0.02%
$Avg Daily PnL
+$2.98
+0.0298%
★Best Day
+$8.28
Oct 15
◎Open Interest
Hyperliquid$1.22M
Binance Futures$1.75M⚡Funding APR
+10.88%
annualized · funding only
⚠Execution Cost
−$19.00
entry + exit fees
⏱Payback
6.4d
to break even
◧24h Volume
Hyperliquid$170.5KBinance Futures$1.05MLoading 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.