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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
−66.71%
7d Period Avg+6.97%
swing±29.68%
LONG Ondo · nowDRAM-USD.P
−136.66%
7d avg:+9.83%
SHORT Lighter · now
−203.37%
7d avg:+16.80%
Entry Spread Now
+0.115%
In your favorL 62.7100 · S 62.7820+$11.48 if it converges
24h range +0.11%…+0.23% · median +0.15%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.035%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
+$5.24
+0.05%
$Avg Daily PnL
+$2.51
+0.0251%
★Best Day
+$7.19
Sep 25
◎Open Interest
⚡Funding APR
+9.14%
annualized · funding only
⚠Execution Cost
−$12.30
entry + exit fees
⏱Payback
4.9d
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 (−$12.30 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.