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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%
3d Period Avg+24.83%
swing±22.08%
LONG grvt · nowLIT_USDT_Perp
+10.96%
3d avg:−18.57%
SHORT Lighter · now
+10.52%
3d avg:+6.26%
Entry Spread Now
−0.233%
Against youL ask 4.5880 · S bid 4.5773−$23.32 at entry
24h range −0.08%…+0.28% · median +0.11%
Long pays every4hShort pays every1h
LONGmaker0.010%/taker0.050%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$24.72
−0.25%
$Avg Daily PnL
+$6.53
+0.0653%
★Best Day
+$9.21
Sep 25
◎Open Interest
⚡Funding APR
+23.83%
annualized · funding only
⚠Execution Cost
−$44.31
entry + exit fees
⏱Payback
6.8d
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 (−$44.31 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.