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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−5.52%
3d Period Avg−0.18%
swing±51.87%
LONG Ondo · nowAMD-USD.P
+5.52%
3d avg:+5.53%
SHORT Lighter · now
+0.00%
3d avg:+5.35%
Entry Spread Now
+0.066%
In your favorL 634.8600 · S 635.2800+$6.62 if it converges
24h range −0.01%…+0.17% · median +0.09%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.035%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$10.30
−0.10%
$Avg Daily PnL
+$0.31
+0.0031%
★Best Day
+$2.65
Sep 25
◎Open Interest
⚡Funding APR
+1.12%
annualized · funding only
⚠Execution Cost
−$11.22
entry + exit fees
⏱Payback
1.2mo
to break even
◧24h Volume
Loading 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 (−$11.22 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.