← Back to Screener
updated 2:42:01 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.2d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+36.60%
30d Period Avg+21.52%
LONG Hotcoin · now
+5.48%
30d avg:+16.77%
SHORT Lighter · now
+42.08%
30d avg:+38.29%
Entry Spread Now
+0.090%
In your favorL 0.008872 · S 0.008880+$9.02 if it converges
24h range −0.25%…+0.08% · median −0.08%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.060%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
+$163.87
+1.64%
$Avg Daily PnL
+$5.67
+0.0567%
★Best Day
+$17.71
Aug 10
◎Open Interest
Hotcoin$95.2K
Lighter$10.4K⚡Funding APR
+20.71%
annualized · funding only
⚠Execution Cost
−$12.00
entry + exit fees
⏱Payback
2.1d
to break even
◧24h Volume
Hotcoin—Lighter$4.5KLoading 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 (−$12.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.