β Back to Screener
updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding covers it in ~0.7d
β Slippage not modeled β actual cost may differ
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
+159.86%
7d Period Avgβ3.72%
swingΒ±82.19%
LONG Bitget Β· now
β378.80%
7d avg:β45.43%
SHORT Entropy Β· nowvia Hyperliquid
β218.94%
7d avg:β49.15%
Entry Spread Now
+0.076%
Eaten by executionL 0.05802 Β· S 0.05806+$7.58 if it converges
24h range β1.18%β¦+0.81% Β· median β0.01%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.060%SHORTmaker0.030%/taker0.090%
Loading Funding Historyβ¦
βTotal PnL
β$13.56
β0.14%
$Avg Daily PnL
+$2.35
+0.0235%
β
Best Day
+$19.99
Oct 19
βOpen Interest
Bitget$2.92M
Entropy$2.19Mβ‘Funding APR
+8.57%
annualized Β· funding only
β Execution Cost
β$30.00
entry + exit fees
β±Payback
12.8d
to break even
β§24h Volume
Bitget$6.14MEntropy$4.59MLoading Cumulative PnLβ¦
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 (β$30.00 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.