← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.2d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+55.87%
7d Period Avg+23.09%
swing±99.70%
LONG Binance Futures · now
−137.42%
7d avg:−138.66%
SHORT Hyperliquid · now
−81.55%
7d avg:−115.57%
Entry Spread Now
+0.000%
NeutralL 0.001910 · S 0.001910
24h range −0.80%…+0.78% · median −0.05%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
+$22.78
+0.23%
$Avg Daily PnL
+$5.97
+0.0597%
★Best Day
+$16.45
Oct 13
◎Open Interest
Binance Futures$6.76M
Hyperliquid$834.7K⚡Funding APR
+21.79%
annualized · funding only
⚠Execution Cost
−$19.00
entry + exit fees
⏱Payback
3.2d
to break even
◧24h Volume
Binance Futures$17.70MHyperliquid$504.1KLoading 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 (−$19.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.