← Back to Screener
updated 2:42:20 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.7d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+167.87%
30d Period Avg−7.98%
LONG trade[XYZ] · nowxyz:ZM
−132.15%
30d avg:+4.23%
SHORT KuCoin · nowZMUSDTM
+35.72%
30d avg:−3.75%
Entry Spread Now
−0.113%
Eaten by executionL 106.2600 · S 106.1400−$11.29 if it converges
24h range −0.05%…+0.22% · median +0.07%
Long pays every1hShort pays every8h
LONGmaker0.030%/taker0.090%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$76.77
−0.77%
$Avg Daily PnL
−$1.51
−0.0151%
★Best Day
+$24.82
Jul 29
◎Open Interest
![trade[XYZ]](/icons/exchanges/hyperliquid.jpg){kind=icon}
trade[XYZ]$460.5K
KuCoin$118.8K⚡Funding APR
−5.51%
annualized · funding only
⚠Execution Cost
−$30.00
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
trade[XYZ]$33.4KKuCoin$698.0KLoading 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 (−$30.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.