← Back to Screener
updated 10:20:08 AMFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~6.6d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+11.11%
3d Period Avg+8.27%
swing±11.08%
LONG Binance Futures · now
−0.15%
3d avg:−10.98%
SHORT Hyperliquid · now
+10.96%
3d avg:−2.71%
Entry Spread Now
+0.029%
Eaten by executionL 0.3386 · S 0.3387+$2.86 if it converges
24h range −0.09%…+0.08% · median +0.01%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
−$14.42
−0.14%
$Avg Daily PnL
+$1.41
+0.0141%
★Best Day
+$2.85
Sep 7
◎Open Interest
Binance Futures$95.78M
Hyperliquid$14.53M⚡Funding APR
+5.13%
annualized · funding only
⚠Execution Cost
−$20.04
entry + exit fees
⏱Payback
14.3d
to break even
◧24h Volume
Binance Futures$44.03MHyperliquid$1.73MLoading 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 (−$20.04 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.