← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~5.3d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+22.66%
7d Period Avg+37.09%
swing±48.73%
LONG Bybit · nowXPLPERP
+10.96%
7d avg:−1.64%
SHORT Hyperliquid · now
+33.61%
7d avg:+35.45%
Entry Spread Now
+0.301%
In your favorL 0.1062 · S 0.1065+$30.13 if it converges
24h range +0.01%…+0.52% · median +0.23%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.055%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
+$37.51
+0.38%
$Avg Daily PnL
+$10.07
+0.1007%
★Best Day
+$14.55
Sep 22
◎Open Interest
Bybit$601.2K
Hyperliquid$53.65M⚡Funding APR
+36.77%
annualized · funding only
⚠Execution Cost
−$33.01
entry + exit fees
⏱Payback
3.3d
to break even
◧24h Volume
Bybit$113.5KHyperliquid$65.37MLoading 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 (−$33.01 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.