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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%
7d Period Avg+0.69%
swing±3.38%
LONG TxFlow · now
+10.96%
7d avg:+9.06%
SHORT Lighter · now
+10.52%
7d avg:+9.75%
Entry Spread Now
−1.171%
Against youL ask 85.3820 · S bid 84.3821−$117.11 at entry
24h range +0.00%…+0.34% · median +0.08%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.045%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$10.45
−0.10%
$Avg Daily PnL
+$0.19
+0.0019%
★Best Day
+$0.86
Oct 7
◎Open Interest
⚡Funding APR
+0.68%
annualized · funding only
⚠Execution Cost
−$11.76
entry + exit fees
⏱Payback
2.1mo
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 + live L2 orderbook slippage on both legs (−$11.76 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.