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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 ~4.6d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+16.70%
7d Period Avg+23.24%
swing±14.42%
LONG Hyperliquid · now
+20.55%
7d avg:+7.99%
SHORT BloFin · now
+37.26%
7d avg:+31.23%
Entry Spread Now
−0.167%
Against youL 0.04180 · S 0.04173−$16.75 if it converges
24h range −0.63%…+0.35% · median −0.20%
Long pays every1hShort pays every4h
LONGmaker0.015%/taker0.045%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$17.97
+0.18%
$Avg Daily PnL
+$5.57
+0.0557%
★Best Day
+$8.73
Sep 25
◎Open Interest
⚡Funding APR
+20.32%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
3.8d
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 + fees only (orderbook snapshot stale) on both legs (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.