← Back to Screener
updated 2:11:28 PMFunding Arbitrage Backtester
Size$
R-trip cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+143.36%
7d Period Avg+153.21%
LONG Reya · nowZRORUSDPERP
−132.40%
7d avg:−132.23%
SHORT Hyperliquid · now
+10.96%
7d avg:+20.98%
Entry Spread Now
+0.137%
In your favorL 0.7968 · S 0.7979+$13.72 if it converges
24h range −0.72%…+0.64% · median +0.08%
Long pays every1hShort pays every1h
LONGmaker0.010%/taker0.030%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
+$278.62
+2.79%
$Avg Daily PnL
+$36.70
+0.3670%
★Best Day
+$45.33
Jul 11
◎Open Interest
Reya$2.1K
Hyperliquid$23.87M⚡Funding APR
+133.96%
annualized · funding only
⚠Execution Cost
−$15.00
entry + exit fees
⏱Payback
9.8h
to break even
◧24h Volume
Reya$4Hyperliquid$3.52MLoading 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 (−$15.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.