← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~11d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+8.96%
3d Period Avg+10.07%
swing±10.67%
LONG Lighter · now
+15.78%
3d avg:+22.79%
SHORT Bybit · now
+24.74%
3d avg:+32.86%
Entry Spread Now
+0.292%
In your favorL ask 154.1400 · S bid 154.5900+$29.19 at entry
24h range −0.47%…+0.87% · median +0.05%
Long pays every1hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$11.58
−0.12%
$Avg Daily PnL
+$5.14
+0.0514%
★Best Day
+$6.31
Sep 29
◎Open Interest
Lighter$3.11M
Bybit$24.02M⚡Funding APR
+18.76%
annualized · funding only
⚠Execution Cost
−$27.00
entry + exit fees
⏱Payback
5.3d
to break even
◧24h Volume
Lighter$1.73MBybit$29.88MLoading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (−$27.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.