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updated —ZRO Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~5.8d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+23.37%
3d Period Avg+30.79%
swing±6.38%
LONG Hyperliquid · now
+10.96%
3d avg:+10.96%
SHORT BloFin · now
+34.33%
3d avg:+41.75%
Entry Spread Now
−0.183%
Eaten by executionL 1.5277 · S 1.5249−$18.33 if it converges
24h range −2.06%…+0.95% · median −0.08%
Long pays every1hShort pays every4h
LONGmaker0.015%/taker0.045%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$14.43
−0.14%
$Avg Daily PnL
+$7.61
+0.0761%
★Best Day
+$9.06
Nov 12
◎Open Interest
⚡Funding APR
+27.77%
annualized · funding only
⚠Execution Cost
−$37.25
entry + exit fees
⏱Payback
4.9d
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 + fees only (orderbook snapshot stale) on both legs (−$37.25 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.