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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
−5.38%
3d Period Avg−1.10%
swing±14.15%
LONG BloFin · now
+16.34%
3d avg:+16.28%
SHORT Hyperliquid · now
+10.96%
3d avg:+15.18%
Entry Spread Now
−0.645%
Against youL 0.09689 · S 0.09627−$64.51 if it converges
24h range −2.97%…+1.76% · median +0.17%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.060%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
−$20.18
−0.20%
$Avg Daily PnL
+$0.27
+0.0027%
★Best Day
+$5.28
Sep 25
◎Open Interest
⚡Funding APR
+0.99%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
2.6mo
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 (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.