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updated —LIT 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%
3d Period Avg+0.70%
swing±5.25%
LONG grvt · nowLIT_USDT_Perp
+10.96%
3d avg:+9.17%
SHORT Lighter · now
+10.52%
3d avg:+9.87%
Entry Spread Now
+1.673%
In your favorL ask 3.0958 · S bid 3.1476+$167.32 at entry
24h range −0.40%…+0.64% · median +0.05%
Long pays every4hShort pays every1h
LONGmaker0.010%/taker0.050%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$31.07
−0.31%
$Avg Daily PnL
+$0.19
+0.0019%
★Best Day
+$0.80
Nov 12
◎Open Interest
grvt$545.0K
Lighter$33.18M⚡Funding APR
+0.71%
annualized · funding only
⚠Execution Cost
−$31.65
entry + exit fees
⏱Payback
5.5mo
to break even
◧24h Volume
grvt$2.56MLighter$20.10MLoading 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 (−$31.65 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.