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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~3.9d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+35.39%
3d Period Avg+21.63%
swing±32.42%
LONG OKX · nowMON-USDT-SWAP
−24.43%
3d avg:−4.15%
SHORT Hyperliquid · now
+10.96%
3d avg:+17.48%
Entry Spread Now
+0.680%
In your favorL 0.03234 · S 0.03256+$68.03 if it converges
24h range −1.40%…+3.24% · median +0.27%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
−$20.06
−0.20%
$Avg Daily PnL
+$5.84
+0.0584%
★Best Day
+$9.86
Oct 1
◎Open Interest
⚡Funding APR
+21.33%
annualized · funding only
⚠Execution Cost
−$37.59
entry + exit fees
⏱Payback
6.4d
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 (−$37.59 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.