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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
−12.18%
7d Period Avg+5.40%
swing±40.31%
LONG Ondo · nowCRCL-USD.P
−144.73%
7d avg:+10.87%
SHORT Lighter · now
−156.91%
7d avg:+16.27%
Entry Spread Now
+0.001%
NeutralL 88.8300 · S 88.8310
24h range +0.00%…+0.19% · median +0.10%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.035%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$0.36
+0.00%
$Avg Daily PnL
+$1.84
+0.0184%
★Best Day
+$6.21
Sep 21
◎Open Interest
⚡Funding APR
+6.71%
annualized · funding only
⚠Execution Cost
−$13.22
entry + exit fees
⏱Payback
7.2d
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 (−$13.22 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.