← Back to Screener
updated 11:59:27 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.5d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+52.50%
3d Period Avg+23.15%
LONG Hyperliquid · now
−56.88%
3d avg:−25.16%
SHORT Extended · now
−4.38%
3d avg:−2.01%
Entry Spread Now
−0.141%
Against youL 1.3969 · S 1.3949−$14.09 if it converges
24h range −0.40%…+0.05% · median −0.13%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.045%SHORTmaker0%/taker0.025%
Loading Funding History…
↗Total PnL
−$2.17
−0.02%
$Avg Daily PnL
+$4.75
+0.0475%
★Best Day
+$7.24
Aug 14
◎Open Interest
Hyperliquid$6.96M
Extended$705.1K⚡Funding APR
+17.35%
annualized · funding only
⚠Execution Cost
−$21.19
entry + exit fees
⏱Payback
4.5d
to break even
◧24h Volume
Hyperliquid$658.2KExtended$5.6KLoading 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 (−$21.19 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.