← 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 ~5.0d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+12.80%
7d Period Avg+5.41%
swing±6.94%
LONG Binance Futures · now
−2.28%
7d avg:+4.33%
SHORT Lighter · now
+10.52%
7d avg:+9.74%
Entry Spread Now
+0.915%
In your favorL ask 0.08572 · S bid 0.08650+$91.46 at entry
24h range −0.12%…+0.11% · median −0.00%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$6.64
−0.07%
$Avg Daily PnL
+$1.54
+0.0154%
★Best Day
+$3.59
Oct 7
◎Open Interest
Binance Futures$225.55M
Lighter$668.0K⚡Funding APR
+5.61%
annualized · funding only
⚠Execution Cost
−$17.40
entry + exit fees
⏱Payback
11.3d
to break even
◧24h Volume
Binance Futures$166.91MLighter$667.5KLoading 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 (−$17.40 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.