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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
−34.86%
3d Period Avg+18.02%
swing±86.93%
LONG Hyperliquid · now
−2106.74%
3d avg:−32.65%
SHORT WEEX · now
−2141.59%
3d avg:−14.63%
Entry Spread Now
+0.497%
In your favorL 0.02614 · S 0.02627+$49.73 if it converges
24h range −2.74%…+1.60% · median +0.08%
Long pays every1hShort pays every4h
LONGmaker0.015%/taker0.045%SHORTmaker0.020%/taker0.080%
Loading Funding History…
↗Total PnL
−$18.61
−0.19%
$Avg Daily PnL
+$2.13
+0.0213%
★Best Day
+$5.57
Sep 25
◎Open Interest
⚡Funding APR
+7.78%
annualized · funding only
⚠Execution Cost
−$25.00
entry + exit fees
⏱Payback
11.7d
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 (−$25.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.