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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~5.7d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+26.30%
3d Period Avg+27.98%
swing±7.48%
LONG Hyperliquid · now
+10.96%
3d avg:+9.20%
SHORT BloFin · now
+37.26%
3d avg:+37.18%
Entry Spread Now
+0.169%
Eaten by executionL 0.04150 · S 0.04157+$16.87 if it converges
24h range −0.74%…+0.31% · median −0.19%
Long pays every1hShort pays every4h
LONGmaker0.015%/taker0.045%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$18.20
−0.18%
$Avg Daily PnL
+$7.62
+0.0762%
★Best Day
+$7.20
Sep 27
◎Open Interest
⚡Funding APR
+27.82%
annualized · funding only
⚠Execution Cost
−$41.06
entry + exit fees
⏱Payback
5.4d
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 + fees only (orderbook snapshot stale) on both legs (−$41.06 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.