← 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 ~2.3d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+22.35%
7d Period Avg+5.85%
swing±9.36%
LONG Lighter · now
−11.40%
7d avg:−2.17%
SHORT Binance Futures · now
+10.96%
7d avg:+3.68%
Entry Spread Now
+0.058%
Eaten by executionL 0.2492 · S 0.2493+$5.85 if it converges
24h range −0.44%…+0.38% · median +0.05%
Long pays every1hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$1.42
+0.01%
$Avg Daily PnL
+$2.20
+0.0220%
★Best Day
+$5.15
Oct 8
◎Open Interest
Lighter$2.13M
Binance Futures$95.97M⚡Funding APR
+8.04%
annualized · funding only
⚠Execution Cost
−$14.00
entry + exit fees
⏱Payback
6.3d
to break even
◧24h Volume
Lighter$258.7KBinance Futures$207.14MLoading 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 (−$14.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.