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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−2.66%
swing±27.59%
LONG Hyperliquid · now
+10.96%
7d avg:+13.62%
SHORT edgeX V2 · now
+10.96%
7d avg:+10.96%
Entry Spread Now
+0.005%
NeutralL ask 622.4600 · S bid 622.4900
24h range −0.40%…+0.49% · median −0.14%
Long pays every1hShort pays every4h
LONGmaker0.015%/taker0.045%SHORTmaker0.018%/taker0.038%
Loading Funding History…
↗Total PnL
−$41.78
−0.42%
$Avg Daily PnL
+$0.28
+0.0028%
★Best Day
+$6.61
Oct 19
◎Open Interest
⚡Funding APR
+1.02%
annualized · funding only
⚠Execution Cost
−$43.73
entry + exit fees
⏱Payback
5.2mo
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 + live L2 orderbook slippage on both legs (−$43.73 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.