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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
−39.53%
3d Period Avg+17.58%
swing±85.25%
LONG Hyperliquid · now
−2106.74%
3d avg:−32.65%
SHORT BloFin · now
−2146.27%
3d avg:−15.07%
Entry Spread Now
+0.268%
In your favorL 0.02614 · S 0.02621+$26.78 if it converges
24h range −2.13%…+1.40% · median −0.14%
Long pays every1hShort pays every4h
LONGmaker0.015%/taker0.045%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$14.87
−0.15%
$Avg Daily PnL
+$2.04
+0.0204%
★Best Day
+$5.13
Sep 25
◎Open Interest
⚡Funding APR
+7.46%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
10.3d
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.