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updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding never covers this cost
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
+0.00%
3d Period Avgβ10.19%
swingΒ±40.37%
LONG Hyperliquid Β· now
+10.96%
3d avg:+21.15%
SHORT edgeX V2 Β· now
+10.96%
3d avg:+10.96%
Entry Spread Now
β0.287%
Against youL ask 624.5900 Β· S bid 622.8000β$28.66 at entry
24h range β0.40%β¦+0.49% Β· median β0.14%
Long pays every1hShort pays every4h
LONGmaker0.015%/taker0.045%SHORTmaker0.018%/taker0.038%
Loading Funding Historyβ¦
βTotal PnL
β$44.51
β0.45%
$Avg Daily PnL
β$0.85
β0.0085%
β
Best Day
+$6.61
Oct 19
βOpen Interest
Hyperliquid$98.18M
edgeX V2$1.05Mβ‘Funding APR
β3.09%
annualized Β· funding only
β Execution Cost
β$41.97
entry + exit fees
β±Payback
never
to break even
β§24h Volume
Hyperliquid$66.46MedgeX V2$550.3KLoading Cumulative PnLβ¦
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 (β$41.97 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.