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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%
7d Period Avg+1.82%
swing±4.26%
LONG Hyperliquid · now
+10.96%
7d avg:+9.14%
SHORT Polymarket · now
+10.96%
7d avg:+10.96%
Entry Spread Now
−0.039%
Against youL ask 101.6000 · S bid 101.5600−$3.94 at entry
24h range −0.12%…+0.12% · median −0.01%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.045%SHORTmaker0.013%/taker0.040%
Loading Funding History…
↗Total PnL
−$18.19
−0.18%
$Avg Daily PnL
+$0.46
+0.0046%
★Best Day
+$2.00
Oct 24
◎Open Interest
⚡Funding APR
+1.67%
annualized · funding only
⚠Execution Cost
−$21.40
entry + exit fees
⏱Payback
1.6mo
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 (−$21.40 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.