Funding Arbitrage Backtester

updated 6:06:29 PM

Size$

R-trip cost

Funding ArbitrageLooking at price convergence? → /price-pair

Net Funding APR · Now

+92.04%

3d Avg—

LONG KuCoin

−81.09%

3d: —

SHORT Hyperliquid

+10.96%

3d: —

Long pays every4hShort pays every1h

LONGmaker0.020%/taker0.060%SHORTmaker0.015%/taker0.045%

Loading Funding History…

↗Total PnL

+$34.85

+0.35%

$Avg Daily PnL

+$13.96

+0.1396%

∑Funding PnL

+$55.86

before cost

%Win Rate

100.0%

positive days

★Best Day

+$24.24

May 16

◎Open Interest

KuCoin$3.28M

Hyperliquid$2.63M

⚡APR

+31.81%

annualized

⚠Execution Cost

−$21.00

entry + exit fees

⏱Payback

1.5d

to break even

⤓Max Drawdown

+$0.00

peak → trough

✕Worst Day

+$4.39

May 15

◧24h Volume

KuCoin$3.54M

Hyperliquid$146.4K

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.