← 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 ~1.8d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+26.66%
7d Period Avg+25.99%
swing±32.26%
LONG MEXC · now
+10.96%
7d avg:+3.64%
SHORT Hyperliquid · now
+37.62%
7d avg:+29.63%
Entry Spread Now
+0.245%
In your favorL 0.6893 · S 0.6910+$24.52 if it converges
24h range −0.60%…+0.54% · median +0.21%
Long pays every8hShort pays every1h
LONGmaker0%/taker0.020%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
+$35.92
+0.36%
$Avg Daily PnL
+$6.99
+0.0699%
★Best Day
+$14.50
Sep 26
◎Open Interest
MEXC$3.07M
Hyperliquid$3.82M⚡Funding APR
+25.51%
annualized · funding only
⚠Execution Cost
−$13.00
entry + exit fees
⏱Payback
1.9d
to break even
◧24h Volume
MEXC$462.2KHyperliquid$788.0KLoading 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 (−$13.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.