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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.4d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+221.84%
7d Period Avg+25.07%
swing±59.73%
LONG Hyperliquid · now
−2224.05%
7d avg:−23.42%
SHORT WEEX · now
−2002.21%
7d avg:+1.65%
Entry Spread Now
−0.719%
Against youL 0.02641 · S 0.02622−$71.94 if it converges
24h range −2.74%…+1.60% · median +0.07%
Long pays every1hShort pays every4h
LONGmaker0.015%/taker0.045%SHORTmaker0.020%/taker0.080%
Loading Funding History…
↗Total PnL
+$27.99
+0.28%
$Avg Daily PnL
+$7.57
+0.0757%
★Best Day
+$17.59
Sep 21
◎Open Interest
⚡Funding APR
+27.63%
annualized · funding only
⚠Execution Cost
−$25.00
entry + exit fees
⏱Payback
3.3d
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 (−$25.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.