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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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+3.62%
swing±5.23%
LONG Hyperliquid · now
+10.96%
3d avg:+7.34%
SHORT edgeX V2 · now
+10.96%
3d avg:+10.96%
Entry Spread Now
−0.149%
Against youL ask 107.1900 · S bid 107.0300−$14.93 at entry
24h range −0.21%…+0.00% · median −0.11%
Long pays every1hShort pays every4h
LONGmaker0.015%/taker0.045%SHORTmaker0.018%/taker0.038%
Loading Funding History…
↗Total PnL
−$18.83
−0.19%
$Avg Daily PnL
+$1.12
+0.0112%
★Best Day
+$2.00
Oct 19
◎Open Interest
⚡Funding APR
+4.10%
annualized · funding only
⚠Execution Cost
−$22.20
entry + exit fees
⏱Payback
19.8d
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 + live L2 orderbook slippage on both legs (−$22.20 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.