← Back to Screener
updated —MSTR Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~8.3d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+3.51%
3d Period Avg+2.84%
swing±48.25%
LONG Aster · now
+0.00%
3d avg:+0.27%
SHORT Lighter · now
+3.51%
3d avg:+3.11%
Entry Spread Now
−0.048%
Against youL 107.4812 · S 107.4300−$4.76 if it converges
24h range −1.37%…+0.44% · median −0.07%
Long pays every8hShort pays every1h
LONGmaker0.010%/taker0.040%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$3.21
−0.03%
$Avg Daily PnL
+$1.60
+0.0160%
★Best Day
+$3.54
Nov 12
◎Open Interest
Aster$746.1K
Lighter$771.7K⚡Funding APR
+5.83%
annualized · funding only
⚠Execution Cost
−$8.00
entry + exit fees
⏱Payback
5.0d
to break even
◧24h Volume
Aster$588.0KLighter$2.17MLoading 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 (−$8.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.