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updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding never covers this cost
β Slippage not modeled β actual cost may differ
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
β21.80%
3d Period Avgβ13.94%
swingΒ±18.28%
LONG Binance Futures Β· now
β6.25%
3d avg:β7.32%
SHORT Lighter Β· now
β28.05%
3d avg:β21.26%
Entry Spread Now
+0.000%
NeutralL 0.1892 Β· S 0.1892
24h range β0.22%β¦+0.25% Β· median β0.05%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0%/taker0%
Loading Funding Historyβ¦
βTotal PnL
β$19.74
β0.20%
$Avg Daily PnL
β$3.25
β0.0325%
β
Best Day
+$0.22
Oct 11
βOpen Interest
β‘Funding APR
β11.85%
annualized Β· funding only
β Execution Cost
β$10.00
entry + exit fees
β±Payback
never
to break even
β§24h Volume
Loading Cumulative PnLβ¦
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 (β$10.00 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.