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updated 10:49:35 PMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.6d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+39.77%
3d Period Avg+47.19%
LONG Lighter · now
−8.77%
3d avg:−14.55%
SHORT Reya · nowLTCRUSDPERP
+31.00%
3d avg:+32.64%
Entry Spread Now
−0.067%
Against youL 44.3860 · S 44.3562−$6.72 if it converges
24h range −0.09%…+0.04% · median −0.06%
Long pays every1hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.010%/taker0.030%
Loading Funding History…
↗Total PnL
+$32.76
+0.33%
$Avg Daily PnL
+$9.69
+0.0969%
★Best Day
+$15.23
Aug 15
◎Open Interest
Lighter$587.3K
Reya$3.9K⚡Funding APR
+35.36%
annualized · funding only
⚠Execution Cost
−$6.00
entry + exit fees
⏱Payback
14.9h
to break even
◧24h Volume
Lighter$77.2KReya$2.8KLoading 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 (−$6.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.