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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
−383.38%
30d Period Avg−52.62%
swing±242.69%
LONG Crypto.com · nowBOTUSD-PERP
+604.28%
30d avg:+66.88%
SHORT Lighter · now
+220.90%
30d avg:+14.26%
Entry Spread Now
−0.412%
Against youL 26.7200 · S 26.6100−$41.17 if it converges
24h range −0.54%…+1.26% · median +0.06%
Long pays every1hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$204.86
−2.05%
$Avg Daily PnL
−$6.50
−0.0650%
★Best Day
+$29.61
Sep 15
◎Open Interest
⚡Funding APR
−23.71%
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.