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updated —AVAX Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~2.4d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+41.20%
3d Period Avg+40.54%
swing±32.55%
LONG Lighter · now
−41.20%
3d avg:−43.40%
SHORT Extended · now
+0.00%
3d avg:−2.86%
Entry Spread Now
−0.827%
Against youL ask 8.0879 · S bid 8.0210−$82.72 at entry
24h range −0.35%…+0.23% · median −0.07%
Long pays every1hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0%/taker0.025%
Loading Funding History…
↗Total PnL
+$5.87
+0.06%
$Avg Daily PnL
+$11.10
+0.1110%
★Best Day
+$13.77
Nov 11
◎Open Interest
Lighter$2.90M
Extended$106.9K⚡Funding APR
+40.51%
annualized · funding only
⚠Execution Cost
−$27.43
entry + exit fees
⏱Payback
2.5d
to break even
◧24h Volume
Lighter$683.5KExtended$141.4KLoading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (−$27.43 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.