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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 ~43d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.85%
3d Period Avg+11.62%
swing±3.97%
LONG Binance Futures · now
+9.67%
3d avg:−1.27%
SHORT Lighter · now
+10.52%
3d avg:+10.35%
Entry Spread Now
+0.013%
NeutralL 63.5980 · S 63.6060
24h range −0.08%…+0.10% · median +0.02%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$1.26
−0.01%
$Avg Daily PnL
+$2.91
+0.0291%
★Best Day
+$3.33
Oct 10
◎Open Interest
⚡Funding APR
+10.63%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
3.4d
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.