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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
−128.09%
3d Period Avg+4.34%
swing±43.20%
LONG grvt · nowINTC_USDT_Perp
+22.02%
3d avg:+3.77%
SHORT Lighter · now
−106.07%
3d avg:+8.11%
Entry Spread Now
−0.040%
Eaten by executionL 123.7210 · S 123.6720−$3.96 if it converges
24h range −0.14%…+0.15% · median −0.00%
Long pays every8hShort pays every1h
LONGmaker0.010%/taker0.050%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$5.54
−0.06%
$Avg Daily PnL
+$4.88
+0.0488%
★Best Day
+$8.61
Sep 28
◎Open Interest
⚡Funding APR
+17.81%
annualized · funding only
⚠Execution Cost
−$20.18
entry + exit fees
⏱Payback
4.1d
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 (−$20.18 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.