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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−6.09%
3d Period Avg−4.51%
swing±21.67%
LONG WEEX · now
−66.28%
3d avg:−33.49%
SHORT Hyperliquid · now
−72.37%
3d avg:−38.00%
Entry Spread Now
−0.003%
NeutralL 0.3332 · S 0.3332
24h range −0.18%…+0.13% · median −0.01%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.080%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
−$23.14
−0.23%
$Avg Daily PnL
+$0.72
+0.0072%
★Best Day
+$5.35
Sep 28
◎Open Interest
⚡Funding APR
+2.63%
annualized · funding only
⚠Execution Cost
−$25.30
entry + exit fees
⏱Payback
1.2mo
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 (−$25.30 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.