← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~6.1d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+5.40%
7d Period Avg+2.98%
swing±7.36%
LONG TxFlow · now
−5.40%
7d avg:+2.49%
SHORT Lighter · now
+0.00%
7d avg:+5.47%
Entry Spread Now
−0.211%
Against youL ask 82,906 · S bid 82,731.4−$21.06 at entry
24h range +0.05%…+0.11% · median +0.08%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.045%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$3.37
−0.03%
$Avg Daily PnL
+$0.82
+0.0082%
★Best Day
+$2.46
Oct 6
◎Open Interest
TxFlow$7.63M
Lighter$165.19M⚡Funding APR
+2.98%
annualized · funding only
⚠Execution Cost
−$9.08
entry + exit fees
⏱Payback
11.1d
to break even
◧24h Volume
TxFlow$61.58MLighter$452.97MLoading 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 (−$9.08 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.