← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+1.31%
3d Period Avg+20.80%
swing±23.88%
LONG Variational · now
+10.96%
3d avg:+10.96%
SHORT Lighter · now
+12.27%
3d avg:+31.76%
Entry Spread Now
+0.142%
In your favorL 0.6417 · S 0.6426+$14.18 if it converges
24h range −1.17%…+1.07% · median +0.25%
Long pays every4hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
+$17.30
+0.17%
$Avg Daily PnL
+$5.77
+0.0577%
★Best Day
+$6.03
Sep 26
◎Open Interest
Variational$2.79M
Lighter$1.21M⚡Funding APR
+21.05%
annualized · funding only
⚠Execution Cost
+$0.00
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
Variational$223.2KLighter$382.9KLoading 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 (+$0.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.