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updated 7:19:25 PMFunding Arbitrage Backtester
Size$
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
−0.44%
3d Period Avg−0.44%
LONG TxFlow · now
+10.96%
3d avg:+10.96%
SHORT Lighter · now
+10.52%
3d avg:+10.52%
Entry Spread Now
+0.314%
In your favorL 2.1211 · S 2.1278+$31.40 if it converges
24h range −0.12%…+0.98% · median +0.33%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.045%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$9.36
−0.09%
$Avg Daily PnL
−$0.09
−0.0009%
★Best Day
−$0.02
Aug 14
◎Open Interest
TxFlow$16.3K
Lighter$332.7K⚡Funding APR
−0.33%
annualized · funding only
⚠Execution Cost
−$9.00
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
TxFlow$76.2KLighter$78.7KLoading 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 (−$9.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.