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updated 11:58:39 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+42.34%
3d Period Avg+22.79%
LONG Aster · now
−31.38%
3d avg:−13.84%
SHORT Hyperliquid · now
+10.96%
3d avg:+8.95%
Entry Spread Now
−0.048%
Eaten by executionL 0.04101 · S 0.04099−$4.76 if it converges
24h range −2.60%…+0.70% · median −0.05%
Long pays every1hShort pays every1h
LONGmaker0.010%/taker0.040%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
+$0.93
+0.01%
$Avg Daily PnL
+$4.48
+0.0448%
★Best Day
+$6.42
Aug 15
◎Open Interest
Aster$3.0K
Hyperliquid$475.7K⚡Funding APR
+16.36%
annualized · funding only
⚠Execution Cost
−$17.00
entry + exit fees
⏱Payback
3.8d
to break even
◧24h Volume
Aster$2.1KHyperliquid$157.2KLoading 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 (−$17.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.