← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~9.8d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+3.74%
3d Period Avg+8.25%
swing±5.55%
LONG Binance Futures · now
+6.78%
3d avg:+2.27%
SHORT Lighter · now
+10.52%
3d avg:+10.52%
Entry Spread Now
+0.050%
In your favorL 0.4283 · S 0.4285+$5.02 if it converges
24h range −0.36%…+0.41% · median +0.10%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$3.12
−0.03%
$Avg Daily PnL
+$2.29
+0.0229%
★Best Day
+$2.76
Oct 9
◎Open Interest
Binance Futures$15.22M
Lighter$961.4K⚡Funding APR
+8.37%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
4.4d
to break even
◧24h Volume
Binance Futures$11.44MLighter$95.4KLoading 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 (−$10.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.