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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~3.7d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+9.96%
30d Period Avg−10.17%
swing±40.28%
LONG Crypto.com · nowLITEUSD-PERP
+4.07%
30d avg:+21.12%
SHORT Lighter · now
+14.03%
30d avg:+10.95%
Entry Spread Now
−0.064%
Against youL 979.3600 · S 978.7300−$6.43 if it converges
24h range −0.50%…+0.81% · median +0.11%
Long pays every1hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$93.51
−0.94%
$Avg Daily PnL
−$2.78
−0.0278%
★Best Day
+$9.60
Sep 9
◎Open Interest
⚡Funding APR
−10.16%
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.