← Back to Screener
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
−34.80%
3d Period Avg+18.15%
swing±86.87%
LONG Hyperliquid · now
−2106.74%
3d avg:−32.65%
SHORT MEXC · now
−2141.53%
3d avg:−14.50%
Entry Spread Now
+0.153%
In your favorL 0.02614 · S 0.02618+$15.30 if it converges
24h range −2.88%…+1.50% · median −0.04%
Long pays every1hShort pays every4h
LONGmaker0.015%/taker0.045%SHORTmaker0%/taker0.020%
Loading Funding History…
↗Total PnL
−$6.53
−0.07%
$Avg Daily PnL
+$2.16
+0.0216%
★Best Day
+$5.57
Sep 25
◎Open Interest
Hyperliquid$587.4K
MEXC$4.29M⚡Funding APR
+7.88%
annualized · funding only
⚠Execution Cost
−$13.00
entry + exit fees
⏱Payback
6.0d
to break even
◧24h Volume
Hyperliquid$2.45MMEXC$3.60MLoading 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.