← 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 ~0.2d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+132.50%
3d Period Avg+50.07%
swing±48.04%
LONG Polymarket · now
−128.99%
3d avg:−47.89%
SHORT Lighter · now
+3.51%
3d avg:+2.18%
Entry Spread Now
+0.037%
Eaten by executionL 8.5877 · S 8.5909+$3.73 if it converges
24h range −0.77%…+0.13% · median +0.01%
Long pays every1hShort pays every1h
LONGmaker0.013%/taker0.040%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
+$25.91
+0.26%
$Avg Daily PnL
+$11.30
+0.1130%
★Best Day
+$15.04
Sep 27
◎Open Interest
Polymarket$19.8K
Lighter$100.0K⚡Funding APR
+41.25%
annualized · funding only
⚠Execution Cost
−$8.00
entry + exit fees
⏱Payback
17.0h
to break even
◧24h Volume
Polymarket—Lighter$808Loading 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 (−$8.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.