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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 ~3.9d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+27.61%
7d Period Avg+23.91%
swing±39.33%
LONG Lighter · now
−37.69%
7d avg:−19.20%
SHORT BingX · now
−10.08%
7d avg:+4.71%
Entry Spread Now
−0.778%
Against youL ask 8.0879 · S bid 8.0250−$77.77 at entry
24h range −0.34%…+0.21% · median +0.03%
Long pays every1hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$19.61
+0.20%
$Avg Daily PnL
+$7.02
+0.0702%
★Best Day
+$17.86
Nov 11
◎Open Interest
Lighter$2.90M
BingX$17.07M⚡Funding APR
+25.62%
annualized · funding only
⚠Execution Cost
−$29.53
entry + exit fees
⏱Payback
4.2d
to break even
◧24h Volume
Lighter$684.4KBingX$21.58MLoading 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 (−$29.53 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.