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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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−13.41%
3d Period Avg−1.57%
swing±61.91%
LONG Ondo · nowCRCL-USD.P
+5.52%
3d avg:+13.71%
SHORT Lighter · now
−7.89%
3d avg:+12.14%
Entry Spread Now
+0.093%
In your favorL 88.2300 · S 88.3120+$9.29 if it converges
24h range −0.01%…+0.19% · median +0.09%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.035%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$16.24
−0.16%
$Avg Daily PnL
−$0.02
−0.0002%
★Best Day
+$5.44
Sep 25
◎Open Interest
⚡Funding APR
−0.07%
annualized · funding only
⚠Execution Cost
−$16.18
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 (−$16.18 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.