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 ~5.9d
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
+9.46%
3d Period Avgβ0.91%
swingΒ±8.40%
LONG Hyperliquid Β· now
+1.50%
3d avg:+8.72%
SHORT Arcus Β· now
+10.96%
3d avg:+7.81%
Entry Spread Now
+0.010%
In your favorL ask 110.3200 Β· S bid 110.3310+$1.00 at entry
24h range β0.12%β¦+0.01% Β· median β0.05%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.045%SHORTmaker0%/taker0.022%
Loading Funding Historyβ¦
βTotal PnL
β$16.05
β0.16%
$Avg Daily PnL
β$0.26
β0.0026%
β
Best Day
+$0.84
Oct 9
βOpen Interest
Hyperliquid$315.35M
Arcus$2.25Mβ‘Funding APR
β0.94%
annualized Β· funding only
β Execution Cost
β$15.28
entry + exit fees
β±Payback
never
to break even
β§24h Volume
Hyperliquid$67.81MArcus$5.38MLoading Cumulative PnLβ¦
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (β$15.28 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.