β Back to Screener
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
β0.52%
7d Period Avgβ0.86%
swingΒ±17.73%
LONG Binance Futures Β· now
β8.25%
7d avg:β3.90%
SHORT Lighter Β· now
β8.77%
7d avg:β4.76%
Entry Spread Now
+0.002%
NeutralL 0.1892 Β· S 0.1892
24h range β0.24%β¦+0.13% Β· median β0.05%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0%/taker0%
Loading Funding Historyβ¦
βTotal PnL
β$11.34
β0.11%
$Avg Daily PnL
β$0.19
β0.0019%
β
Best Day
+$3.56
Oct 6
βOpen Interest
Binance Futures$50.15M
Lighter$729.1Kβ‘Funding APR
β0.70%
annualized Β· funding only
β Execution Cost
β$10.00
entry + exit fees
β±Payback
never
to break even
β§24h Volume
Binance Futures$52.98MLighter$433.1KLoading 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.