← Back to Screener
updated 5:17:48 PMFunding Arbitrage Backtester
Size$
R-trip cost
Funding ArbitrageLooking at price convergence? → /price-pair
Net Funding APR · Now
+49.47%
30d Avg—
LONG Paradex
−38.51%
30d: —
SHORT Hyperliquid
+10.96%
30d: —
Long pays every8hShort pays every1h
LONGmaker0.010%/taker0.030%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
+$64.23
+0.64%
$Avg Daily PnL
+$2.64
+0.0264%
★Best Day
+$30.85
Apr 22
◎Open Interest
Paradex$13.8K
Hyperliquid$909.7K⚡APR
+7.82%
annualized
⚠Execution Cost
−$15.00
entry + exit fees
⏱Payback
5.7d
to break even
◧24h Volume
Paradex$1.7KHyperliquid$313.8KLoading 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 (−$15.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.