← Back to Screener
updated —AVAX Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~3.8d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+25.97%
7d Period Avg+22.43%
swing±42.14%
LONG Lighter · now
−33.31%
7d avg:−19.20%
SHORT Pionex · nowAVAX_USDT_PERP
−7.34%
7d avg:+3.23%
Entry Spread Now
−1.173%
Against youL ask 8.0879 · S bid 7.9930−$117.34 at entry
24h range −0.57%…+0.40% · median +0.03%
Long pays every1hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$18.90
+0.19%
$Avg Daily PnL
+$6.61
+0.0661%
★Best Day
+$18.39
Nov 11
◎Open Interest
Lighter$2.89M
Pionex$806.2K⚡Funding APR
+24.11%
annualized · funding only
⚠Execution Cost
−$27.34
entry + exit fees
⏱Payback
4.1d
to break even
◧24h Volume
Lighter$686.7KPionex$2.00MLoading 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 (−$27.34 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.