← Back to Screener
updated 11:58:33 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~9.7d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+7.35%
3d Period Avg−2.50%
LONG Hyperliquid · now
+3.61%
3d avg:+6.25%
SHORT Pacifica · now
+10.96%
3d avg:+3.75%
Entry Spread Now
−0.005%
Against youL ask 75.2440 · S bid 75.2400−$0.53 at entry
24h range −0.02%…+0.05% · median +0.00%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.045%SHORTmaker0.015%/taker0.040%
Loading Funding History…
↗Total PnL
−$21.51
−0.22%
$Avg Daily PnL
−$0.51
−0.0051%
★Best Day
+$0.59
Aug 16
◎Open Interest
Hyperliquid$380.91M
Pacifica$12.37M⚡Funding APR
−1.87%
annualized · funding only
⚠Execution Cost
−$19.46
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
Hyperliquid$25.02MPacifica$3.63MLoading 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 (−$19.46 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.