← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~23d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+2.19%
3d Period Avg+8.40%
swing±9.02%
LONG Lighter · now
+8.77%
3d avg:−3.70%
SHORT Binance Futures · now
+10.96%
3d avg:+4.70%
Entry Spread Now
+0.073%
In your favorL 0.2475 · S 0.2477+$7.32 if it converges
24h range −0.44%…+0.25% · median +0.05%
Long pays every1hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$2.80
−0.03%
$Avg Daily PnL
+$3.75
+0.0375%
★Best Day
+$5.20
Oct 8
◎Open Interest
Lighter$2.11M
Binance Futures$96.51M⚡Funding APR
+13.68%
annualized · funding only
⚠Execution Cost
−$14.04
entry + exit fees
⏱Payback
3.8d
to break even
◧24h Volume
Lighter$261.3KBinance Futures$207.51MLoading 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 (−$14.04 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.