← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−62.15%
7d Period Avg+2.57%
swing±25.48%
LONG Lighter Robinhood · nowMU-USDG
+3.51%
7d avg:+4.49%
SHORT Ondo · nowMU-USD.P
−58.64%
7d avg:+7.06%
Entry Spread Now
−0.080%
Against youL ask 1,090.94 · S bid 1,090.07−$7.97 at entry
24h range −0.12%…+0.00% · median −0.05%
Long pays every1hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.015%/taker0.035%
Loading Funding History…
↗Total PnL
−$8.38
−0.08%
$Avg Daily PnL
+$0.70
+0.0070%
★Best Day
+$1.79
Sep 21
◎Open Interest
⚡Funding APR
+2.57%
annualized · funding only
⚠Execution Cost
−$13.31
entry + exit fees
⏱Payback
18.9d
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 + live L2 orderbook slippage on both legs (−$13.31 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.