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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−0.44%
7d Period Avg+24.33%
swing±33.86%
LONG MEXC · now
+10.96%
7d avg:+10.65%
SHORT Lighter · now
+10.52%
7d avg:+34.98%
Entry Spread Now
+0.046%
In your favorL 0.7458 · S 0.7461+$4.56 if it converges
24h range −1.06%…+0.93% · median +0.12%
Long pays every4hShort pays every1h
LONGmaker0%/taker0.020%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
+$41.81
+0.42%
$Avg Daily PnL
+$6.54
+0.0654%
★Best Day
+$17.53
Sep 26
◎Open Interest
MEXC$15.71M
Lighter$1.38M⚡Funding APR
+23.89%
annualized · funding only
⚠Execution Cost
−$4.00
entry + exit fees
⏱Payback
14.6h
to break even
◧24h Volume
MEXC$7.05MLighter$748.5KLoading 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 (−$4.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.