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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
+0.00%
7d Period Avg+14.25%
swing±22.07%
LONG WEEX · now
+10.96%
7d avg:+8.47%
SHORT Hyperliquid · now
+10.96%
7d avg:+22.72%
Entry Spread Now
+0.047%
In your favorL ask 9.6330 · S bid 9.6375+$4.67 at entry
24h range −0.46%…+0.39% · median +0.09%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.080%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
−$5.36
−0.05%
$Avg Daily PnL
+$3.87
+0.0387%
★Best Day
+$8.13
Sep 23
◎Open Interest
⚡Funding APR
+14.11%
annualized · funding only
⚠Execution Cost
−$32.42
entry + exit fees
⏱Payback
8.4d
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 + live L2 orderbook slippage on both legs (−$32.42 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.