← Back to Screener
updated —AAPL Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~6.3d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+8.15%
3d Period Avg+2.58%
swing±3.21%
LONG Lighter Robinhood · nowAAPL-USDG
+3.51%
3d avg:+3.65%
SHORT Ondo · nowAAPL-USD.P
+11.66%
3d avg:+6.23%
Entry Spread Now
−0.022%
Against youL ask 356.7800 · S bid 356.7000−$2.24 at entry
24h range −0.08%…+0.07% · median −0.01%
Long pays every1hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.015%/taker0.035%
Loading Funding History…
↗Total PnL
−$11.95
−0.12%
$Avg Daily PnL
+$0.71
+0.0071%
★Best Day
+$0.74
Nov 14
◎Open Interest
Lighter Robinhood$5.03M
Ondo$1.80M⚡Funding APR
+2.58%
annualized · funding only
⚠Execution Cost
−$14.07
entry + exit fees
⏱Payback
19.9d
to break even
◧24h Volume
Lighter Robinhood$17.85MOndo$2.21MLoading 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 (−$14.07 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.