← Back to Screener
updated —LINK Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~2.8d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+17.97%
3d Period Avg+9.22%
swing±7.54%
LONG Lighter · now
−7.01%
3d avg:+2.34%
SHORT Phemex · now
+10.96%
3d avg:+11.56%
Entry Spread Now
+0.115%
In your favorL 9.6060 · S 9.6170+$11.47 if it converges
24h range −0.38%…+0.40% · median +0.11%
Long pays every1hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.010%/taker0.060%
Loading Funding History…
↗Total PnL
−$5.17
−0.05%
$Avg Daily PnL
+$2.95
+0.0295%
★Best Day
+$4.66
Nov 12
◎Open Interest
Lighter$1.35M
Phemex$15.66M⚡Funding APR
+10.76%
annualized · funding only
⚠Execution Cost
−$14.02
entry + exit fees
⏱Payback
4.8d
to break even
◧24h Volume
Lighter$427.9KPhemex$10.70MLoading 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 (−$14.02 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.