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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 Avgβ0.11%
swingΒ±0.59%
LONG Hyperliquid Β· now
+10.96%
3d avg:+11.07%
SHORT edgeX V2 Β· now
+10.96%
3d avg:+10.96%
Entry Spread Now
β0.081%
Against youL ask 1,341.3 Β· S bid 1,340.22β$8.05 at entry
24h range β0.42%β¦+0.38% Β· median β0.19%
Long pays every1hShort pays every4h
LONGmaker0.015%/taker0.045%SHORTmaker0.018%/taker0.038%
Loading Funding Historyβ¦
βTotal PnL
β$19.71
β0.20%
$Avg Daily PnL
β$0.24
β0.0024%
β
Best Day
+$0.04
Oct 20
βOpen Interest
Hyperliquid$738.80M
edgeX V2$636.1Kβ‘Funding APR
β0.87%
annualized Β· funding only
β Execution Cost
β$19.00
entry + exit fees
β±Payback
never
to break even
β§24h Volume
Hyperliquid$322.63MedgeX V2$8.23MLoading 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$19.00 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.