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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
−0.44%
3d Period Avg+4.26%
swing±13.07%
LONG OKX · nowGRAM-USDT-SWAP
+10.96%
3d avg:+10.96%
SHORT Lighter · now
+10.52%
3d avg:+15.22%
Entry Spread Now
−0.014%
NeutralL 1.5490 · S 1.5488
24h range −0.75%…+0.85% · median +0.13%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$22.97
−0.23%
$Avg Daily PnL
+$1.13
+0.0113%
★Best Day
+$1.67
Sep 30
◎Open Interest
⚡Funding APR
+4.12%
annualized · funding only
⚠Execution Cost
−$26.36
entry + exit fees
⏱Payback
23.3d
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 (−$26.36 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.