← Back to Screener
updated —GOOGL 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
−2.13%
3d Period Avg+19.27%
swing±21.27%
LONG Lighter · now
+27.17%
3d avg:+4.68%
SHORT HTX · now
+25.05%
3d avg:+23.95%
Entry Spread Now
−1.931%
Against youL ask 300.3600 · S bid 294.5600−$193.10 at entry
24h range −0.06%…+0.43% · median +0.19%
Long pays every1hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$6.16
−0.06%
$Avg Daily PnL
+$5.09
+0.0509%
★Best Day
+$5.25
Nov 12
◎Open Interest
Lighter$5.17M
HTX$804.2K⚡Funding APR
+18.59%
annualized · funding only
⚠Execution Cost
−$21.44
entry + exit fees
⏱Payback
4.2d
to break even
◧24h Volume
Lighter$12.35MHTX$210.2KLoading 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 (−$21.44 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.