← Back to Screener
updated 8:34:15 PMFunding Arbitrage Backtester
Size$
R-trip cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+6.57%
3d Period Avg+2.73%
LONG Hyperliquid · now
+10.96%
3d avg:+10.96%
SHORT Perpl · now
+17.53%
3d avg:+13.69%
Entry Spread Now
−0.082%
Against youL ask 63,676 · S bid 63,623.7−$8.21 at entry
24h range −0.79%…+0.15% · median −0.05%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.045%SHORTmaker0.050%/taker0.088%
Loading Funding History…
↗Total PnL
−$24.58
−0.25%
$Avg Daily PnL
+$0.54
+0.0054%
★Best Day
+$1.02
Jul 6
◎Open Interest
Hyperliquid$2.42B
Perpl$352.2K⚡Funding APR
+1.97%
annualized · funding only
⚠Execution Cost
−$26.73
entry + exit fees
⏱Payback
1.7mo
to break even
◧24h Volume
Hyperliquid$2.25BPerpl$4.56MLoading Cumulative PnL…
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 (−$26.73 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.