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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−0.56%
3d Period Avg−6.39%
swing±22.02%
LONG Crypto.com · nowLITEUSD-PERP
+4.07%
3d avg:+29.60%
SHORT Lighter · now
+3.51%
3d avg:+23.21%
Entry Spread Now
−0.346%
Against youL 981.4000 · S 978.0000−$34.64 if it converges
24h range −0.50%…+0.81% · median +0.10%
Long pays every1hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$15.25
−0.15%
$Avg Daily PnL
−$1.75
−0.0175%
★Best Day
−$0.19
Oct 1
◎Open Interest
⚡Funding APR
−6.39%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
never
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 (−$10.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.