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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−14.33%
3d Period Avg−12.35%
swing±394.22%
LONG Crypto.com · nowBOTUSD-PERP
+604.28%
3d avg:+47.85%
SHORT Lighter · now
+589.95%
3d avg:+35.50%
Entry Spread Now
−1.225%
Against youL 26.9400 · S 26.6100−$122.49 if it converges
24h range −1.08%…+1.11% · median +0.04%
Long pays every1hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$19.84
−0.20%
$Avg Daily PnL
−$3.28
−0.0328%
★Best Day
+$15.10
Oct 1
◎Open Interest
⚡Funding APR
−11.97%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
Loading Cumulative PnL…
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 (−$10.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.