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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~2.1d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+22.53%
3d Period Avg+21.99%
swing±137.92%
LONG Ondo · nowNBIS-USD.P
+5.52%
3d avg:+5.70%
SHORT Lighter · now
+28.05%
3d avg:+27.69%
Entry Spread Now
−0.197%
Against youL 177.7500 · S 177.4000−$19.69 if it converges
24h range −0.38%…+0.45% · median +0.04%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.035%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
+$5.97
+0.06%
$Avg Daily PnL
+$6.38
+0.0638%
★Best Day
+$13.27
Oct 18
◎Open Interest
⚡Funding APR
+23.30%
annualized · funding only
⚠Execution Cost
−$13.18
entry + exit fees
⏱Payback
2.1d
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 + fees only (orderbook snapshot stale) on both legs (−$13.18 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.