← 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 ~0.6d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+13.15%
3d Period Avg+7.35%
swing±7.37%
LONG Lighter Robinhood · nowAMD-USDG
+3.51%
3d avg:+3.91%
SHORT Lighter · now
+16.66%
3d avg:+11.26%
Entry Spread Now
−0.053%
Against youL 563.3400 · S 563.0400−$5.33 if it converges
24h range −0.46%…+0.91% · median +0.03%
Long pays every1hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
+$3.91
+0.04%
$Avg Daily PnL
+$2.01
+0.0201%
★Best Day
+$2.87
Oct 27
◎Open Interest
Lighter Robinhood$1.04M
Lighter$1.17M⚡Funding APR
+7.35%
annualized · funding only
⚠Execution Cost
−$2.13
entry + exit fees
⏱Payback
1.1d
to break even
◧24h Volume
Lighter Robinhood$7.75MLighter$4.06MLoading 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 (−$2.13 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.