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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 ~233d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.33%
3d Period Avg+43.66%
swing±55.58%
LONG Lighter · now
−14.03%
3d avg:−42.95%
SHORT MEXC · now
−13.70%
3d avg:+0.71%
Entry Spread Now
−0.877%
Against youL ask 8.0879 · S bid 8.0170−$87.66 at entry
24h range −0.21%…+0.34% · median +0.04%
Long pays every1hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0%/taker0.020%
Loading Funding History…
↗Total PnL
+$14.35
+0.14%
$Avg Daily PnL
+$11.80
+0.1180%
★Best Day
+$16.07
Nov 11
◎Open Interest
Lighter$2.90M
MEXC$24.35M⚡Funding APR
+43.06%
annualized · funding only
⚠Execution Cost
−$21.04
entry + exit fees
⏱Payback
1.8d
to break even
◧24h Volume
Lighter$685.8KMEXC$21.30MLoading 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 (−$21.04 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.