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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 ~3.5d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+26.36%
7d Period Avg+6.77%
swing±18.14%
LONG WEEX · now
−62.29%
7d avg:−15.03%
SHORT Hyperliquid · now
−35.93%
7d avg:−8.26%
Entry Spread Now
+0.028%
Eaten by executionL 0.3330 · S 0.3331+$2.79 if it converges
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
−$12.33
−0.12%
$Avg Daily PnL
+$1.85
+0.0185%
★Best Day
+$4.19
Sep 23
◎Open Interest
⚡Funding APR
+6.76%
annualized · funding only
⚠Execution Cost
−$25.30
entry + exit fees
⏱Payback
13.7d
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.