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updated 11:53:56 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~12d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+6.79%
3d Period Avg+8.96%
LONG MEXC · now
+4.16%
3d avg:+2.00%
SHORT Hyperliquid · now
+10.96%
3d avg:+10.96%
Entry Spread Now
+0.058%
In your favorL ask 3.2740 · S bid 3.2759+$5.80 at entry
24h range −0.30%…+0.32% · median +0.05%
Long pays every8hShort pays every1h
LONGmaker0%/taker0.010%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
−$15.66
−0.16%
$Avg Daily PnL
+$1.79
+0.0179%
★Best Day
+$2.49
Aug 13
◎Open Interest
MEXC$26.02M
Hyperliquid$20.34M⚡Funding APR
+6.54%
annualized · funding only
⚠Execution Cost
−$22.83
entry + exit fees
⏱Payback
12.7d
to break even
◧24h Volume
MEXC$5.23MHyperliquid$2.15MLoading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (−$22.83 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.