← Back to Screener
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
−8.33%
3d Period Avg−2.71%
swing±7.28%
LONG Hyperliquid · now
+10.96%
3d avg:+8.03%
SHORT N1 · now
+2.63%
3d avg:+5.32%
Entry Spread Now
−0.008%
Against youL ask 119.0100 · S bid 119.0000−$0.84 at entry
24h range −0.20%…+0.20% · median +0.01%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.045%SHORTmaker0.010%/taker0.050%
Loading Funding History…
↗Total PnL
−$29.29
−0.29%
$Avg Daily PnL
−$0.72
−0.0072%
★Best Day
+$0.32
Sep 30
◎Open Interest
Hyperliquid$336.78M
N1$120.7K⚡Funding APR
−2.64%
annualized · funding only
⚠Execution Cost
−$27.12
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
Hyperliquid$289.93MN1$310.6KLoading 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 (−$27.12 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.