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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
+0.00%
3d Period Avg+4.22%
swing±9.50%
LONG MEXC · now
+10.96%
3d avg:+10.96%
SHORT Hyperliquid · now
+10.96%
3d avg:+15.18%
Entry Spread Now
−0.676%
Against youL 0.09692 · S 0.09627−$67.58 if it converges
24h range −2.06%…+2.19% · median +0.01%
Long pays every4hShort pays every1h
LONGmaker0%/taker0.020%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
−$7.09
−0.07%
$Avg Daily PnL
+$1.97
+0.0197%
★Best Day
+$5.70
Sep 25
◎Open Interest
⚡Funding APR
+7.18%
annualized · funding only
⚠Execution Cost
−$13.00
entry + exit fees
⏱Payback
6.6d
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 (−$13.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.